Commenting on the outperformance of railway stocks, Santosh Meena, Head of Research, Swastika Investmart said the PSU sector, particularly in the railway and defence sectors, is currently experiencing a significant re-evaluation. “The catalysts for this upward trend in railway stocks include government capex initiatives and the PLI scheme, aimed at bolstering the manufacturing sector. Remarkably, these sectors had been overlooked by the market for decades, resulting in highly attractive valuations.Read More:
