Railway shares such as IRCTC rose 1% to Rs 630.35, Titagarh Rail gained 2% to Rs 840, Ircon International inched up 1.5% to Rs 166.95 and RVNL rose 1% to Rs 345.60.
Union Budget 2026: Railway shares such as IRFC shares gained 3.20% to Rs 124 and RailTel stock rose 4.45% to Rs 369.60.
RVNL, RailTel, IRCTC, Titagarh Rail, IRFC, Ircon International shares: Analysts attribute weakness in the railway stocks to high valuations and subdued quarterly earnings of rail sector firms.
An analyst from Mirae Asset ShareKhan believes that the budget is expected to significantly benefit sectors like defence, capital goods, and infrastructure.
IRCTC, Titagarh Rail, Ircon, RVNL, Texmaco Rail: Earnings of railway firms have been subdued this year with investor sentiment taking a hit due to disappointment in the Union Budget 2025 and weak sentiment in the broader market.
An analyst from Anand Rathi said that IRFC has been moving in a consolidation phase between Rs 120-128, reflecting a range-bound sentiment after its recent rally.
IRCON: The rail PSU's shares turned ex-dividend on September 11. The board had declared a dividend of Re 1 per equity share with a face value of Rs 2 each, payable on October 18.
An analyst from YES Securities said that IRCON International has seen a significant surge, rising from Rs 190 to Rs 223, mirroring the broader rally in rail stocks on fourth June.
RVNL, IRCON shares: Brokerage firm Antique Stock Broking see up to 46 per cent downside risks in Rail Vikas Nigam & IRCON International after Q4 results.
Railways stocks: All seven listed railway PSUs were soaring higher up to 5 per cent on Tuesday after IRCTC and IRFC were lifted to the status of Navratna company.
An analyst from Anand Rathi said that RVNL appears slightly bearish as it is testing the critical support level at the current juncture and a wait-and-watch approach is advisable.





