IRCON International and RVNL shares climbed nearly 12 per cent today after reports suggested that the government may consider merging the two railway companies
Railway stocks, including IRFC, RVNL, RailTel, IRCON, IRCTC, Titagarh Rail and others, have been under sustained selling pressure, correcting more than 50 per cent from their 2024 peaks
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Among the listed companies, Majestic Auto has announced the highest dividend, declaring a special dividend of ₹35 per share, with February 17 as the record date
Railway stocks surged after the Indian Railways implemented a revised passenger fare structure which marks the second fare hike in the 2025-26 financial year
Jupiter Wagons (JWL) surged 9% to ₹337.70 on the back of over four-fold jump in the average trading volumes; the stock has zoomed 30% in two days.
The implementation of Government's plans to radically improve the railway infrastructure is expected to keep the demand for railway products strong in future