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1. Mamta Banerjee has provided a lack lusture rail budget and has not tinkered with either freight charges or  ticket charges to keep public happy. She has been partial to West Bengal with major chunk of trains chugging to her state and WB also gets a manufacturing plant.

2. The stocks likely to gain from the budget are  Texmaco, Titagarh Wagons and BEML as positive news is flowing for coach, track and wagon manufacturing companies.

3. However do not be in a hurry to reap rewards as these projects have long gestation period and takes time before the results are visible on the ground. Thus invest in these stocks with a long term perspective.