Opportunities right now are like buses in a bus stop; every 5 minutes, another coming in: Umesh Chowdhary, Titagarh Rail Systems

Opportunities right now are like buses in a bus stop; every 5 minutes, another coming in: Umesh Chowdhary, Titagarh Rail Systems

Umesh Chowdhary, VC & MD, Titagarh Rail Systems, says “following the Rs 700-crore QIP, as far as the current plans are concerned, whether it is the Vande Bharat, whether it is the ongoing projects that we have, we believe that for both the capex and the working capital, apart from the debt that will need … Read more

Two multibagger railways stocks jump up to 5% as govt plans PLI scheme for train parts

Two multibagger railways stocks jump up to 5% as govt plans PLI scheme for train parts

Jupiter Wagons shares hit the 5% upper circuit and a 52-week high of Rs 271.4 in Wednesday’s trade as the government is planning to introduce a production-linked incentive (PLI) scheme for train component makers as part of its efforts to attract foreign manufacturing firms and reduce dependence on imports, people aware of the matter said. … Read more