Railway shares climb on government's plan to four-lane major routes
Shares of railway companies saw an uptick on Thursday following Union Minister Ashwini Vaishnaw's announcement that Indian Railways is working to add four lanes to its high-density corridors. During early trading, stocks for Titagarh Rail Systems, IRCON International, Texmaco Rail & Engineering, RailTel Corporation, and Indian Railway Finance Corporation all experienced gains. Vaishnaw noted that this initiative is a key component of a wider strategy to boost the capacity of the railway network.