Railway stocks soar on India-Europe economic corridor deal

NEW DELHI: Railway stocks shot up on September 11’s trading session following the historic memorandum of understanding (MOU) on the India-Middle East-Europe Economic Corridor (IMEE-EC). Ircon International share price surged 19.3% to touch a 52-week high ofRs159.25 ,while Rail Vikas Nigam share price jumped 17.6% to hit a 52-week high ofRs191.40 apiece.