Budget 2024: Railway stocks trade off highs; was FY25 interim budget!
Thu, Feb 1, 2024 12:48 PM

Budget 2024: Railway stocks trade off highs; was FY25 interim budget!

A Flip by Avya Verma
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Railway stocks have seen a decline after the interim budget, despite an 11% increase in total capital outlay for 2024-25. The government plans to convert 40,000 rail bogies to Vande Bharat standards and create three new rail connectivity corridors. This is expected to improve passenger operations and provide job opportunities. Experts predict a 20% growth YoY in railway capex.

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