We are generally used to buzz in railway stocks only prior to budget where the railway specific stocks rally on the expectations of higher allocation to the sector during budget.
But, things seem to changing a bit. Capex is surging in the sector and things seem to improving reasonably well on ground with better infrastructure and trains and the journey seems to have just begun.
One negative point which is generally ascribed to PSUs is the government intervention tag but of late, we are seeing reasonably proactive approach from governments involving combination of private and Govt companies for the projects.
Considering the size and potential that the sector promises, I feel it’s worth keeping an eye on some of the stocks operating in this sector
