Railway industry related stocks jumped on the BSE, after the G20 Summit in New Delhi unveiled a multinational rail and port deal connecting the Middle East and South Asia.
A new shipping and rail route connecting countries in the Middle East, South Asia and Europe was revealed at the G20 Summit. The US, India, Saudi Arabia, UAE, EU, and other G20 partners plan to explore a transport corridor for trade, energy, and data from India through the Middle East to Europe.
Rail Vikas Nigam is currently trading at Rs. 189.15, up by 26.35 points or 16.19% from its previous closing of Rs. 162.80 on the BSE.
Texmaco Rail & Engineering is currently trading at Rs. 158.90, up by 5.30 points or 3.45% from its previous closing of Rs. 153.60 on the BSE.
Titagarh Railsystems is currently trading at Rs. 817.25, up by 10.85 points or 1.35% from its previous closing of Rs. 806.40 on the BSE.
