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