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Indian Railways Announces Historic Increase in Summer Train Trips

The Railway Ministry of India has announced plans to operate a record-breaking number of train trips. With a commitment to ensuring the convenience of passengers, the ministry will be running an unprecedented 9,111 trips, marking a significant increase of 43% compared ...

Indian Railways Unveils Ambitious 100-Day Agenda For Transformation

Indian Railways has embarked on an ambitious 100-day agenda aimed at revolutionising the rail travel experience for millions of passengers across India. Under the visionary leadership of Prime Minister Narendra Modi, the Ministry of Railways has outlined a comprehensive plan to ...

Rail Stocks Trade Higher Ahead Of Interim Budget

Stocks of companies related to railways were trading in the positive territory on Thursday morning ahead of the presentation of the interim Budget. Shares of IRCON International rallied 3.26 per cent, Texmaco Rail & Engineering jumped 2.71 per cent, Indian Railway ...

Midcap Multibagger Stock Hit 52-Week High, Received Rs 857 Crore LOA From GMRC

Titagarh Rail Systems Ltd. has received a Letter of Acceptance (LOA) from the Gujarat Metro Rail Corporation (GMRC), the company informed the stock exchange in a filing on Jun 27, 2023. The LOA is for the design, manufacture, supply, testing, commissioning ...

302% Return In 1-Yr: Navratna PSU Stock Emerges As L1 Bidder For Rs 395 Cr Project

Mid cap Navratna CPSE, Rail Vikas Nigam Ltd (RVNL) emerged as the lowest bidder (L1) for a project from Maharashtra Metro Rail Corporation (MMRCL) worth Rs 394.89 crore. Last trading price of RVNL share is Rs 121.15 per share with intraday ...

PSU Stock Under Rs 65 Declares Interim Dividend, 6-Months Return 84%

Mid cap PSU stock, Rail Vikas Nigam Limited today declared interim dividend for the financial year 2022-23. The company fixed April 6, 2023 as the record date for interim dividend. The stock delivered 488% return in last 3-years. Last trading price ...

Railways To Be Key Focus For Govt: 3 Stocks That Can Jump, Brokerages Bullish

After budget 2023, it has become clear that Railways will be a key focus for the government. In the current financial year, Railways had a budgeted spend of approximately Rs 1.37 lakh crore and it may surge to Rs 1.6 lakh ...

PSU Miniratna Stock Rallies 13% In 3 Days, 116% In 90 Days, Gets Buy Call For 65% Gain

Mid cap PSU stock operating in construction sector, Rail Vikas Nigam has rallied 13% in just 3-days and given multibagger returns in 3 months. The company has a market capitalisation of Rs 16,586 crore. Leading brokerage firm, IIFL Securities is bullish ...

Buy This Small-Cap Miniratna Stock For Target Price Of Rs 42: IDBI Capital

IDBI Capital in its recently published report on Rail Vikas Nigam Limited - a Miniratna Category -1 company under the Government of India. Brokerage in the report has suggested buy the stocks of the company for a target price of Rs ...

Budget 2022: Rail Network Will Be Brought Under KAWACH Technology

Union Finance Minister Nirmala Sitaraman, in the Budget 2022, announced that the indigenous KAWACH will be responsible for 2,000 KM of the rail network. She also stated that in the next three years, 400 new "Vande Bharat" trains will be produced. ...

Metrolite: Modi 2 Proposes Light Urban Rail Transit For Small Cities

To ease the commutation in smaller cities, Modi 2.0 has proposed to provide light urban rail transit systems referred as the Metrolite. The new system shall be introduced for cities with lower projection of ridership, which will run at a limited ...

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