Railway Wagon stocks jump as Indian Railways plans Rs 40,000 crore Freight Wagon tender

DELHI (Metro Rail News): Shares of railway wagon companies saw a sharp rise on May 25 after reports said Indian Railways is preparing a huge Rs 40,000 crore tender to buy around 1 lakh freight wagons over the next few years. The expected order pushed railway manufacturing stocks higher as investors looked at strong future business opportunities for the sector.

Shares of Wagon Companies rise