Sanctions, Tariffs Turn Into Policy Instruments, Sometimes Weaponised: P K Mishra
October 3, 2026
dailyexcelsior.com
The shares of Titagarh Rail Systems rallied around 16% in just two sessions after international brokerage Jefferies initiated coverage on the stock with a 'Buy' call, stating that strong rise in spending on passenger coaches, locomotives, and wagon, with a focus on safety, modernization, and Vande Bharat trainsets, will act as strong tailwinds.Jefferies in its note said that it expects 10% FY26-FY30 CAGR in Indian Railways rolling stock spending. It highlighted that India’s metro rail network expanded 4 times between FY14 and FY25 to approximately 1,000 km, and it expects that to double to 2,000 km by FY33, driven by…
