India's railway-linked stocks up as govt plans accelerated Vande Bharat upgrade

Jupiter Wagons

01/02/2024 06:40

** Shares of Indian Railway Finance Corp  INID.NS , BEML
 BEML.NS , Texmaco Rail  TEXA.NS  up between 1% and 4%
    ** India's Finance Minister says in budget speech 40,000
normal rail coaches to be converted into Vande Bharat standards
    ** INID and BEML among companies who won Vande Bharat
contracts in 2023 
    ** BEML's 3.5% climb the highest with INID and TEXA rising
1.7% and 1.5% 

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))