Road developers gain on infrastructure measures in federal budget

Reuters Updated - January 20, 2018 at 01:37 AM.

Stocks of road developers gained on infrastructure measures in federal budget .

The stocks gained after Finance Minister Arun Jaitley unveiled measures for sector in 2016/17 federal budget.

Jaitley has announced Rs 55,000 crore ($8 bln) for roads and highways development

IRB Infrastructure gained as much as 2.63 per cent, Sadbhav Engineering jumped as much as 4.70 per cent. ($1 = 68.7200 Indian rupees) Road developers gain on infrastructure measures in federal budget

Published on February 29, 2016 06:46