Day's Digest - Five stocks to watch out on the Rail Budget day

The five stocks that may witness some kind of significant movement on Feb 25 in the markets are: ALSTOM India (AIL), Bharat Heavy Electricals Limited (BHEL), Hind Rectifiers, Texmaco Rail & Engineering and, Stone India.

a) ALSTOM India (AIL): AIL is engaged in the business of power generation, power transmission and rail infrastructure. The Company provides integrated power plant solutions and associated services for a range of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a range of solutions for power transmission, with a focus on smart grids. AIL will be focused on its specialty of manufacturing electric locomotives.

b) BHEL: Bharat Heavy Electricals Limited (BHEL) is an engineering and manufacturing company. The company is an integrated power plant equipment manufacturer, engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a range of products and services. On Rail Budget day, the stock will have traction as company provides transmission and distribution of electricity to various railway projects.

c) Hind Rectifiers: Hind Rectifiers is in business of developing, manufacturing and marketing power semi conductors, power electronic equipment and railway transportation equipment. The company may bet on various components required for rail connectivity in the country.

d) Texmaco Rail & Engineering: Texmaco Rail & Engineering operates in two business segments viz. heavy engineering division and steel foundry division. The company manufactures a diverse range of products, such as railway freight cars, and hydro-mechanical equipment. The expansion of new routes across the country may give opportunity to wagon manufacturers in India.

e) Stone India: Stone India is majority leader in locomotive brake systems and has a wide range of mechanical and electrical products for the rail road industry. During the Rail Budget session, there may be announcement for safety of passengers and new technologies to be implemented in future term. The companies related to safety mechanism will be on focus throughout a day.