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Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months. The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two years.
Titagarh Rail, RITES, other railway stocks rise up to 4%. Here’s why
Impact Score
Market Sentiment
→NeutralPrimary Sectors
Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months. The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two years.
Key Highlights
Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months.
The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two years..
Source
Economic Times
Published
1h ago
Impact Score
70 / 100
Category
Infrastructure
Moderate near-term volatility expected while markets assess implications for Infrastructure.
What this means
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