Primus In News
Railway shares extend rise on Budget optimism; IRCON, Railtel, RITES, Jupiter Wagons rise up to 10%: What lies ahead?
23-12-2025
Shravan Shetty, Managing Director, Primus Partners, shared his view that the recent gains in railway stocks were driven by the fare hike announcement. He said that while fare revisions do not directly impact listed railway companies, stronger finances at Indian Railways could accelerate capital expenditure and support revenue growth for wagon manufacturers and infrastructure players. He added that after declining on a year-to-date basis, railway stocks are now showing signs of recovery.
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