RVNL, Ircon, other rail shares rally up to 9% amid reports of capex boost in Budget

January 16, 2025

Rail stocks surged with RVNL and Ircon leading, as reports suggest the upcoming Union Budget may increase Indian Railways’ capital expenditure by 15-20% to over Rs 3 lakh crore for FY26. The higher allocation is expected to fund new tracks, upgrades, and rolling stock purchases, driving optimism among investors.

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Dixon Technologies shares tumble 6% in 2 weeks. Is long-term bullishness intact?

The Dixon Technologies stock rebounded from its support near Rs 15,953, with resistance around Rs 17,295. It trades below its 20-day and 50-day EMAs of

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Trent’s still a buy for Nuvama; government push needed to boost urban demand: Abneesh Roy

Abneesh Roy from Nuvama shares insights on the expected impact of the Union Budget on consumption. He is positive on Trent’s prospects in the retail

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