Railway stocks including RVNL, Railtel and Titagarh Rail rose up to 4% after the government unveiled a Rs 16 lakh crore plan to develop seven high-speed rail corridors. The ambitious push, including Delhi–Varanasi and Varanasi–Siliguri routes, is expected to boost rail infrastructure and domestic manufacturing.
Railway stocks including RVNL, Railtel and Titagarh Rail rose up to 4% after the government unveiled a Rs 16 lakh crore plan to develop seven high-speed rail corridors. The ambitious push, including Delhi–Varanasi and Varanasi–Siliguri routes, is expected to boost rail infrastructure and domestic manufacturing.
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Shares of railway stocks including RVNL, Railtel Corporation, Titagarh Rail and others jumped up to 4% on Monday after the Railway Ministry announced its bullet train plan worth around Rs 16 lakh crore to develop seven dedicated high-speed rail corridors across the country.Rail Vikas Nigam (RVNL) shares jumped more than 4% to trade at Rs 243.40 apiece on NSE on Monday morning. Titagarh Rail Systems, Ircon International and Railtel Corporation of India shares, meanwhile, rose nearly 4% each. Tex…
