RVNL, Railtel Corp, Titagarh Rail, other railway stocks rally up to 4% on Rs 16 lakh crore bullet train plan (opens original article in a new tab)

Railway stocks surged up to 4% after the Indian Railway Ministry announced a Rs 16 lakh crore plan for high-speed rail corridors, aiming to reduce travel times and boost domestic manufacturing.

• Railway stocks like RVNL, Railtel Corp, and Titagarh Rail rose up to 4% following the announcement of a Rs 16 lakh crore bullet train plan.
• The plan includes seven high-speed rail corridors, with initial projects like Delhi–Varanasi and Varanasi–Siliguri aiming to cut travel times significantly.
• BEML is building India's first domestically made bullet train, with trial runs planned for 2027 and potential speed increases to 350 kmph in the future.