Railway related shares surge up to 13%; what's driving the rally today?

IRCON International, Texmaco Rail & Engineering and RailTel Corporation of India rallied between 9 per cent and 13 per cent on the BSE in Wednesday's intra-day trade amid heavy volume.

Share price of railway related companies today

 

Railway related shares were in focus on Wednesday, with IRCON International, Texmaco Rail & Engineering and RailTel Corporation of India rallying between 9 per cent and 13 per cent on the BSE in intra-day trade backed by heavy volume. 

 

RITES, Rail Vikas Nigam (RVNL), Jupiter Wagons and Transrail Lighting were up in the range of 3 per cent to 8 per cent. In comparison, the BSE Sensex was up 0.21 per cent at 80,905 at 11:53 AM.  READ STOCK MARKET UPDATES TODAY LIVE

 

What’s fuelling the rally in