India's road developers gain on higher budget allocation

Last Updated: Thu, Feb 28, 2013 06:31 hrs
Investors watch a display at a local share market in the northern Indian city of Chandigarh

Indian 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.

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