📉 Rail Sector Brief: Post-Budget Performance The **railway stock segment** has notably underperformed following the presentation of **Budget 2025**. Many stocks in the sector have experienced **sharp declines** since the announcement. Investor sentiment has been dampened by several key factors. **Valuation concerns** remain prominent, suggesting that current prices may not be justified by fundamentals. Additionally, there are persistent issues regarding the **slow pace of project execution**. Expectations for **capital expenditure (capex)** announcements in the Budget were seemingly **muted**, failing to provide the anticipated growth catalyst. Consequently, investors are currently maintaining a cautious stance and are awaiting **fresh, tangible growth triggers** before re-engaging with the sector.