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
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