IRFC, RVNL, and Other Railway Stocks Continue to Surge for 2nd Consecutive Day

Shares of railway infrastructure companies saw another day of gains on Friday, driven by expectations that the government will increase capital spending in the railway sector in the upcoming Union Budget for FY26. This rally follows a correction earlier in January.

IRFC Shares Surge

Indian Railway Finance Corporation (IRFC) saw a significant rise in its share price after the company was rated “excellent” by the Department of Public Enterprises for its operational and financial performance in FY24. On Thursday, the IRFC share price surged nearly 6% and closed 4% higher after IRFC announced that it had secured financing for 20 BOBR rakes from the Indian Railways to NTPC for up to ₹700 crore.

RVNL Leading the Rally

RVNL share price has been among the top gainers, rising by over 6% on Friday. The stock jumped as much as 11% on Thursday after the company secured 2 large orders from BSNL, worth over ₹13,235 crore in total. On Friday, RVNL shares traded 5.67% higher at ₹434.45 per share as of 10:45 AM.

Other Stocks Show Gains

Ircon International Ltd. and Texmaco Infrastructure & Holdings Ltd. also saw positive movements, with their shares rising by 2% and 3.19%, respectively. These stocks benefited from renewed investor confidence as expectations grow that the government will focus on railway infrastructure in FY26.

Modest Rise for IRCTC

IRCTC share price saw a smaller gain of 1.24%, reaching ₹772.70 per share as of 11:05 AM., lagging behind other railway stocks. However, the overall market sentiment remains optimistic, driven by hopes for growth in the railway sector.

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