Rail stocks rally as Sitharaman hikes Budget 2023 allocation to Rs 2.4 lakh crore
Railways got a big chunk in the Budget 2023-24 as the government’s capital outlay of Rs 2.40 lakh crore is 9 times the outlay announced in 2013-14. Similar to industry expectations, the Railway outlay has come at a whopping amount. Railway related stocks namely Titagarh, IRCTC, RVNL, IRCON gain,” said Nisha Harchekar, Head – Equity Research at Fintoo.
