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Budget 2026 expectations include higher capex for Defence & Railways.

Reminder: last yearโ€™s similar hopes didnโ€™t translate into allocations, leading to a sharp fall in railway stocks.

Risk management matters.
๐Ÿ‘9
๐†๐Ž๐‹๐ƒ & ๐’๐ˆ๐‹๐•๐„๐‘ โ€” ๐๐‘๐”๐“๐€๐‹ ๐Œ๐Ž๐ƒ๐„

$๐Ÿ.๐Ÿ• ๐“๐‘๐ˆ๐‹๐‹๐ˆ๐Ž๐ ๐–๐ˆ๐๐„๐Ž๐”๐“ โ€” ๐จ๐ง๐ž ๐ง๐ข๐ ๐ก๐ญ.
๐“๐ก๐ข๐ฌ ๐ฐ๐š๐ฌ๐งโ€™๐ญ ๐ฏ๐จ๐ฅ๐š๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ,
๐ญ๐ก๐ข๐ฌ ๐ฐ๐š๐ฌ ๐‹๐ˆ๐๐”๐ˆ๐ƒ๐ˆ๐“๐˜ ๐ƒ๐„๐’๐“๐‘๐”๐‚๐“๐ˆ๐Ž๐.
๐–๐ก๐ž๐ง ๐ฌ๐š๐Ÿ๐ž ๐ก๐š๐ฏ๐ž๐ง๐ฌ ๐›๐ฅ๐ž๐ž๐,
๐ซ๐ข๐ฌ๐ค ๐š๐ฌ๐ฌ๐ž๐ญ๐ฌ ๐š๐ซ๐ž ๐ง๐ž๐ฑ๐ญ.
๐‚๐€๐๐ˆ๐“๐€๐‹ ๐๐‘๐Ž๐“๐„๐‚๐“๐ˆ๐Ž๐ > ๐๐‘๐Ž๐…๐ˆ๐“ ๐‡๐”๐๐“๐ˆ๐๐†
๐’๐ฎ๐ซ๐ฏ๐ข๐ฏ๐š๐ฅ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ซ๐ž๐š๐ฅ ๐ž๐๐ ๐ž.
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