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Sparsh Jindal

25th May · SEBI-Registered Analyst

Railway Wagon Stocks Rally on Mega Tender Buzz

Shares of Titagarh Rail Systems, Jupiter Wagons and Texmaco Rail & Engineering surged 3%-8.5% after reports said Indian Railways may launch a ₹40,000-crore tender for 1 lakh freight wagons over the next 3-4 years. Investors cheered expectations of strong order inflows and long-term revenue visibility for wagon manufacturers. $TITAGARH

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