The list is dominated by capex plays as the impact of the upcycle is being noticed in both earnings as well as share prices. Topping the chart are two rail stocks – Titagarh Rail Systems and Jupiter Wagons – which have been reporting at least a 100% YoY jump in their profits. In the September quarter, Titagarh reported a 107% rise in PAT and 54% sales growth while Jupiter saw its profit rising 233% against 111% growth in sales.
Rise of new cities: Meet the new Gurgaons of India that are growing quietly but steadily
The Union government has outlined strategies to tackle rural unemployment and boost job growth in non-metro cities. The rise of satellite cities like Sri City,