The shares of the wagon manufacturer gained up to 2 percent after the company’s subsidiary plans to invest Rs 2,500 crore in phases over the next few years to develop this state-of-the-art facility. Price Movement With a market capitalization of Rs...
The PEG ratio (Price/Earnings-to-Growth ratio) is a stock valuation tool that helps to determine whether a stock is fairly priced by considering both its current price-to-earnings (P/E) ratio and its expected earnings growth. The formula for PEG ratio is = P/E Ratio /...
The PEG ratio (Price/Earnings-to-Growth ratio) is a stock valuation tool that helps to determine whether a stock is fairly priced by considering both its current price-to-earnings (P/E) ratio and its expected earnings growth. The formula for PEG ratio is = P/E Ratio /...
This Railway stock is engaged in manufacturing railway wagons, brake systems, and electric mobility solutions, expanding into defence, rail components, and advanced transportation technologies, jumped 6 percent after securing an order worth Rs. 600 crores from Ambuja...
The Union Budget to be presented on February 1, 2025, is driven by faster capital expenditure in 2024-25 and Indian Railways’ plans to deliver 90 Vande Bharat trains in 2025, following 62 in 2024, alongside testing high-speed rail trainsets. The Union...
The Indian Railways network continues to be a key driver of the nation’s economy, with a significant Rs 2.55 lakh crore allocation in the 2024-2025 Interim Budget, reflecting its growth potential. For investors watching the railway sector, stocks have shown...
Best Railway Stocks With High Mutual Fund Holdings: The Indian Government announced a budget of Rs. 2.4 Lakh Cr for The Indian Railways in its FY24 Union Budget. The Railways are like the veins of the country, connecting states, making it very economical to transport...
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