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Sanjay Ahuja

8th Jan · SEBI-Registered Analyst

INDIAN RAILWAYS TO BUILD 1500 VANDE BHARAT CHAIR CAR COACHES, STOCKS TO KEEP A WATCH

Indian Railways has issued an order to manufacture 1500 Vande Bharat chair car coaches — equivalent to 88 trains — over a four-year period till 2030. These new coaches will be produced by Integral Coach Factory (Chennai), Rail Coach Factory (Kapurthala), and Modern Coach Factory (Raebareli). This move comes as a replacement to the ageing Shatabdi Express trains. The Vande Bharat chair car rake is designed for a maximum speed of 160 kmph and is primarily intended for daytime intercity services. Railway stocks that stand to benefit from this upgrade are -

IRCTC
,
RAILTEL
,
RVNL
, and
IRFC
.

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