News

Railway stocks led by RailTel, IRCON, IRFC surge up to 8%; Here's whyOrdering activity has picked up among railway constituents after Railways Minister Ashwini Vaishnaw mentioned that projects worth ₹77,000 crore are being implemented in the North-east.By Hormaz Fatakia    | Vinnii Motiwala   September 15, 2025, 10:45:51 AM IST (Updated)2 Min ReadShares of Railway PSU stocks like RailTel Corporation of India Ltd. Rail Vikas Nigam Ltd. (RVNL), IRCON International Ltd. gained as much as 8% on Monday, September 15, after an increase in ordering activity in recent times.

The stocks are also gaining on very heavy volumes. IRCON, RailTel and RVNL have all seen over 1 crore shares change hands already within the first two hours of the trading session, compared to their 20-day average of 11 lakh, 10 lakh and 24 lakh shares respectively.

On September 13, RailTel informed the exchanges that it has received the Letter of Acceptance (LoA) from the State Project Director of the Bihar Education Project Council. The order is valued at ₹210 crore.

Last week, the company had also confirmed the receipt of multiple other orders, which were close to ₹1,000 crore in value. Shares of RailTel are trading with gains of close to 8%.

RVNL also emerged as the lowest bidder for a project from West Central Railway last week, that was valued at ₹169 crore. The execution timeline for this project is 540 days.

Among the non-PSU railway stocks, Jupiter Wagons received the Letter of Acceptance (LoA) from the Ministry of Railways, which pertains to the supply of 9,000 LHB Axles for railway bogies. This order is valued at close to ₹113 crore.

Ordering activity has picked up among railway constituents after Railways Minister Ashwini Vaishnaw mentioned that projects worth ₹77,000 crore are being implemented in the North-east.

Over the weekend, Prime Minister Narendra Modi also inaugurated the Bairabi-Sairang railway line in Mizoram and additional projects worth ₹8,500 crore in Manipur. Managements that CNBC-TV18 has spoken to over the last one month, have also confirmed the availability of wheelsets.

Shares of IRCON International and RailTel are trading with gains of 7.7% each, while those of RVNL are up over 4%. IRFC shares are also trading 2.6% higher on Monday at ₹129.59.Continue ReadingFirst Published: Sept 15, 2025 10:20 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIrcon InternationalIRCON shareIRFC share priceRailTel Corporation of IndiaRailway stocksRVNL share priceshare market today