Railway stocks have been on a strong upward trajectory in recent months, with several companies delivering impressive returns.
These stocks are gaining momentum due to robust order book visibility, the government’s focus on improving rail infrastructure, and the anticipation of fresh investments in railway infrastructure development.
Government Initiatives
The Indian government has unveiled a comprehensive strategy to transform the country’s railway sector through massive investments, capacity expansion and technological upgrades. The key initiatives include:
1. Plans to invest over ₹10-12 lakh crore (USD 1.2 trillion) in the railway network over the next five years for projects like high-speed rail, dedicated freight corridors and station redevelopment.
2. Accelerated electrification with 94 per cent of the broad-gauge network now electrified and a target for 100 per cent electrification.
3. Significant focus on passenger safety through measures like the Kavach automatic train protection system and replacement of old tracks.
4. Passenger-friendly initiatives such as a super app, insurance schemes and affordable fares on new Vande Bharat trains.
5. Modernisation of over 1,300 railway stations through public-private partnerships to provide world-class amenities.
The Indian government’s massive investments, policy support and focus on railway electrification and capacity expansion are driving strong growth and stock performance for railway companies. One of the companies we are focusing on in this article is Texmaco Rail and Engineering Ltd.
About the Company
Esta historia es de la edición July 15, 2024 de Dalal Street Investment Journal.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 15, 2024 de Dalal Street Investment Journal.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
