New Delhi, April 6 -- Railway PSU stocks, including Indian Railway Finance Corporation (IRFC), RailTel Corporation of India, and Rail Vikas Nigam Ltd (RVNL), will remain in focus on Monday after union cabinet approved four railway multitracking projects worth Rs.18,658 crore, on Friday.

These projects, spanning Maharashtra, Odisha, and Chhattisgarh, are intended to expand and improve the current railway network by around 1,247 kilometers.

Among the approved projects, the Cabinet has sanctioned an investment of Rs.8,741 crore for building a new 615 km railway line in Chhattisgarh. This rail route is projected to reduce logistical expenses by Rs.2,520 crore compared to road transport.

The Kharsia-Naya Raipur-Parmalkasa line will offer di...