Jupiter Wagons To IRCTC: Railway Stocks Gain Ahead Of Budget 2025

Railway stocks were trading in the green ahead of the Union Budget 2025, with investors showing optimism about potential capital expenditure boosts for the sector.

Leading the rally was Jupiter Wagons Ltd., which saw an intraday high of Rs 429.6 per share, marking a significant surge of 7.03%. The stock's 30-day average volume stands at 0.24 million.

Other notable performers include, Ramkrishna Forgings Ltd., as the stock reached an intraday high of Rs 807.3, up 3.05%, with a 30-day average volume of 0.04.

Meanwhile, Ircon International was trading at an intraday high of Rs 229.5; the stock rose by 3.64%, with a 30-day average volume of 7.72.

IRCTC hit an intraday high of Rs 831.75, up 1.15%, with a 30-day average volume of 1.36. IRFC reached an intraday high of Rs 155.52, the stock increased by 3.03%, with a 30-day average volume of 22.59.

Railtel saw an intraday high of Rs 426.4, up 4.87%, with a 30-day average volume of 2.63. RVNL hit intraday high of Rs 501.8, the stock rose by 5.35%, with a 30-day average volume of 6.11.

Siemens reached an intraday high of Rs 6,146, up 1.2%, with a 30-day average volume of 0.41. Texmaco Rail & Engineering was trading at an intraday high of Rs 203.9, the stock increased by 3.72%, with a 30-day average volume of 1.97.

Timken India hit an intraday high of Rs 2,900.05, up 1.48%, with a 30-day average volume of 0.08. Titagarh Rail Systems surged by 6.68%, reaching an intraday high of Rs 1,087.

The positive movement in railway stocks comes as investors anticipate favourable announcements in the upcoming budget, particularly in terms of increased capital expenditure for the railway sector.

In the Economic Survey 2024-25, the government highlighted that during FY25 so far, the progress in the expansion of the railway network stayed at levels comparable to the previous year, while the addition of rolling stock increased considerably. Between April and October 2024, 17 new pairs of Vande Bharat trains were introduced to the network, and 228 coaches were produced.