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Fundamental Analysis of Jupiter Wagons: The Indian Government announced a budget of Rs. Lakh Cr for The Indian Railways in its recent Union Budget. The freight infrastructure capacity augmentation by DFC is crucial in achieving the Indian Railways’ target of 3000 MT freight loading by 2027. 1182 Cr in FY22.
The Union Budget for 2023 has allocated a significant $29 billion for Indian Railways, aiming to revolutionize the system by constructing new trains, and railway tracks, improving passenger facilities, and elevating the overall infrastructure to a global standard. Share your thoughts in the comments below!
In the Union Budget 2023-24, honorable Finance Minister Nirmala Sitharaman allocated Rs 2.4 Recently, the management notified that the company is planning to build and operate budget hotels across the country. Thus, do you think IRCTC at present valuations is an undervalued stock? Source: IRCTC Ltd.
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