Railway stocks moving just moving on speculations: Paras Adenwala

The railway budget rally seems to have started already, we saw those trades happening on Thursday, if you were to buy into any, would you?

Paras Adenwala: No I would not, these are all speculative exercise before the budget. Just like fertilisers, you also have railway stocks moving in before the budget every year. Therefore, there is absolutely no point in really chasing them right now. Let the budget both the railway as well as the union budget then take a call on it.


Paras Adenwala, MD & Principal Portfolio Manager, Capital Portfolio Advisors