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New Delhi: Stocks associated with Indian Railways were among the top gainers on Friday. Since last one week there has been a bumper surge in railway stocks. At the time of writing this article, the shares of RVNL jumped by 12 percent, Indian Railway Finance Corp 7.8 percent, Titagarh Rail Systems 5.2 percent and IRCTC shares gained more than 3 percent.
The main reason for this boom is the new expectations before the Union Budget 2026. Railway stocks attract buying a few weeks ahead of budget, as the market expects more capital expenditure on modern technology and expansion in infrastructure, rolling stock and networks. The recent increase in railway fares is also supporting the sentiment. With this increase in rail fares, the income of Indian Railways is expected to increase significantly. According to the estimates of Railways, this decision can result in an additional income of more than 600 million rupees.
The stock of Rail Vikas Nigam Limited jumped 12 percent, following which the stock price crossed Rs 387 apiece. It has registered a jump of more than 25 percent in a week. Investors have received multibagger returns of 1580 percent in five years.
The stock of Indian Railway Finance Corp jumped more than 8 percent. After this rise, the stock price reached Rs 131.60. In the last one week, this stock has risen by 18 percent. It has given returns of more than 425 percent in five years.
Shares of Titagarh Rail Systems increased by about 5 percent. After this surge, the stock price reached Rs 896.95. It has jumped 16.5 percent in the last one week. In 5 years, it has given investors returns of more than 1650 percent.
The lowest rise in the main railway stock has been seen in the stock of IRCTC. Its stock has jumped 3.21 percent. After this rise, the stock price rose to Rs 702. It has jumped 5.5 percent in the last week. In five years, it has given a return of 148 percent.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
