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Budget 2013: Road developers gain on higher budget allocation

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Reuters Delhi, India
Last Updated : Feb 28 2013 | 12:00 PM IST

MUMBAI (Reuters) - Road developers such as IRB Infrastructure rose on Wednesday after Finance Minster P. Chidambaram proposed higher budget allocations towards building roads.

IRB Infrastructure Developers Ltd gained 3.4 percent, while Jaiprakash Associates Ltd rose 2.8 percent.

(Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by Rafael Nam)

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First Published: Feb 28 2013 | 11:47 AM IST

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