DSIJ Mindshare

Although, the company reported weak quarterly and annual results, the share of the company spurt in volume by more than 2.15 times.

The railway industry accounts for 70 per cent of the company's revenue, and growing competition and a slowdown in the railway sector may hinder the company's growth.

The core equity indices, i.e., Sensex and Nifty ended on a higher note on Budget Day.  

Sensex went up by 848.40 points or 1.46 per cent. The top five gainers from the pack were Tata Steel, Sun Pharmaceuticals, IndusInd Bank, Larsen & Toubro, and UltraTech Cement. Meanwhile, on the flip side, the top losers included Mahindra & Mahindra, Power Grid Corporation of India, SBI, Bharti Airtel, and NTPC.