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Wednesday, December 25, 2024 | 11:03 AM ISTEN Hindi

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Rail related stocks in focus; Titagarh Wagons, Texmaco Rail surge 20%

Cimmco, Hind Rectifiers and Commercial Engineering & Body Builders Company too rallied up to 20% on the BSE.

Titagarh Wagons logo, Titagarh Wagons, Titagarh
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Titagarh Wagons logo. Photo: titagarh.in

SI Reporter Mumbai
Shares of railway related stocks such as Titagarh Wagons, Texmaco Rail & Engineering, Cimmco, Hind Rectifiers and Commercial Engineering & Body Builders Company have rallied up to 20% on the BSE.

According to a PTI report, the railway is looking at 4,000 km of track renewal in each of the next two financial years --2018-19 and 2019-20. Its estimated cost for 2018-19 is a little above Rs 100 billion.

Among the individual stocks, Titagarh Wagons, the second largest freight wagon manufacturer in India, is locked in the upper circuit of 20% at Rs 86.55 on the BSE on

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