Stocks

Road developers gain on infrastructure measures in federal budget

Reuters | Updated on January 20, 2018 Published on February 29, 2016

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
null
This article is closed for comments.
Please Email the Editor