Indian Railways is expected to increase its capital expenditure (capex) by approximately 15 percent in FY27, surpassing Rs.3 lakh crore, according to a senior official from the Ministry of Railways. This marks a significant rise from FY26, where the capex allocation...
The shares of the railway infrastructure developer gained up to 4 percent after the company secured a letter of acceptance from the National Highway Authority of India worth Rs 554 crore. Price Action With a market capitalization of Rs 76,332.59 crore, the...
The shares of the railway infrastructure developer gained up to 10 percent after the company bagged a Letter of Acceptance from Rail Infrastructure Development Company (Karnataka) Limited for Rs 554.46 crore. Price Action With a market capitalization of Rs 75,519.43...
A leading infrastructure giant, renowned for transformative railway projects across India, has secured another significant milestone in its portfolio. The company has clinched a major contract worth hundreds of crores from East Coast Railway for a strategic track...
As we approach the Railway Budget for 2025-26, railway Public Sector Undertaking (PSU) stocks are gaining increased attention, which has also seen a rise in Foreign Institutional Investor (FII) participation during Q3 FY25. With expectations of a substantial...
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...
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