Railway shares rally again: IRCON jumps 13%, Titagarh Rail, IRFC gain on Budget, fare hike cues
Railway stocks extend gains for a second session as investors bet on higher Budget allocation and revenue push. Railway shares rallied for a second straight session on Tuesday, led by sharp gains in IRCON International, Titagarh Rail Systems, IRFC and Jupiter Wagons, as investors reacted to growing expectations of higher government spending on rail infrastructure in the upcoming Union Budget and a recent revision in passenger fares.
