Sona Comstar zooms 10% after ₹1,600-cr acquisition of Escorts Kubota’s railways biz
The railway industry presents long-term growth opportunities, says Vivek Vikram Singh, MD and Group CEO, Sona Comstar.
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Budget 2024: No major allocation for railways; stocks tank up to 8%
There were expectations about possible announcements on improving the safety standards of railways, which saw multiple mishaps in the past year, but no major allocation was announced
From ₹2,490 to ₹4,350: Timken India shares jump 75% in 2 months; what’s behind the rally?
The company commands 50% of the market share in railway bearings in India.
From ₹110 to ₹400: RVNL shares rally nearly 4-fold in a year
The share price of RVNL rose 8% to hit a fresh record high of ₹399.70 today after it bagged a new order worth ₹187 crore from Maharashtra Metro Rail Corp.
IRFC shares rise 4% on strong Q4, dividend payment; up 16% in 4 sessions
The financing arm of the Indian Railways proposes to raise up to ₹50,000 cr through bond issue or bank loan during FY25.
KEC International shares rise 2%; here's why
The RPG Group company has bagged orders across its transmission & distribution (T&D), civil, railways, and cables businesses.
RVNL shares jump 8% on bagging multiple orders
The PSU has received multiple orders from Himachal Pradesh State Electricity Board and Madhya Pradesh Metro Rail Corporation.
Railways gets 2,000 projects worth ₹41,000 cr
PM Modi says India is approaching well towards becoming 3rd largest economic superpower; hails it as the most attractive place for investment
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Budget 2024: Highway, railways account for 47% of ₹5.24 lakh crore capital outlay
Highway ministry got an allocation of ₹2,72,241 crore compared with ₹2,58,600 crore allocated in 2023-24
