Railway stocks surged ahead of Budget

Shares of Texmaco Rail & Engineering was up 5%, while Titagarh Wagons was up 3%.

Shares of Railway stocks are higher by up to 7% second day in a row ahead of the Railway Budget on Tuesday, July 8. Shares of Texmaco Rail & Engineering was up 5%, while Titagarh Wagons was up 3%. Kalindee Rail Nirman (Engineers) shares were up by 4%. Report stated that the Railway Budget is likely to focus on modernisation and devise new strategies for attracting private investment.