Three railway-linked stocks record huge orders; returns impressive too

Kolkata: The Narendra Modi government has taken up the infrastructure and the railways as one of the focus areas. As a direct outcome of this emphasis, the order books of many railway companies are swelling now a days. These companies linked to the railways include major engineering players as well as specialised niche manufacturing companies. Let's take a closer look at three stocks linked to the railways which have delivered impressive returns and seem to pack in a lot of promise for the future.

Bharat Earth Movers Limited, or BEML, holds a special position among railway-related companies. Its market cap stands at about Rs 14,830 crore. The current share price of BEML on Dec 3 is Rs 1,780.80, down Rs 12.20 or 0.68% (around 12:30 pm). It has delivered a negative 15% return in a year. However, in the long term, it has delivered 143% returns in three years and 394% returns in five years.

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As of September 30, 2025, the company's order book stood at a huge Rs 16,342 crore. However, it was almost at the same level as last year (Rs 16,704 crore). Demand for BEML's products and services remained stable. BEML is a leading PSU that manufactures heavy earthmoving equipment for mining and construction, defense vehicles, and rail coaches such as EMUs and metro cars. Its manufacturing units are located in Karnataka and Kerala.

Jupiter Wagons has a market cap of about Rs 12,130 crore. Its share price around 12:30 pm on Dec 3 was Rs 279 (down 1.80%). Its performance during the year was also not inspiring. It delivered a negative return of approximately 42%, but a staggering 235% return in three years and 1621% in five years.

The company had an order book of Rs 5,538 crore as on September 30 this year. Its subsidiary Jupiter Tatravagonka Railwheel Factory secured major contracts, including a Rs 113-crore order for 9,000 LHB axles from the Ministry of Railways and a Rs 215 crore order for 5,376 wheelsets for the Vande Bharat high-speed train. The company manufactures freight wagons, passenger coach parts, alloy steel castings, commercial vehicle bodies and containers.

Texmaco Rail has a market cap of Rs 5,202 crore. On Dec 3 around 12:30 pm its share price stood at Rs 126.00 (down 1.46%). It has suffered a 41% decline in the past one year, but it has delivered returns of 111% over three years and 412% over five years.

Texmaco's order book stood at Rs 6,367 crore as on September 30. It includes new and ongoing projects related to freight mobility, traction systems, and railway infrastructure. Kolkata-based Texmaco manufactures rail wagons, coaches, locomotives, hydro-mechanical equipment, steel castings, and railway EPC projects such as track laying, bridges, electrification, and signaling. Besides Indian Railways it serves export markets too.