Railway sector stocks witnessed notable upward momentum in today’s trade as of 12 PM. IRCON International led the rally with a sharp rise of over 12% on the NSE, trading at ₹217.52. RailTel Corporation of India also surged nearly 9% to ₹434.55, followed by Texmaco Rail at ₹173.85, up over 8%.

RITES advanced 7.55%, while Rail Vikas Nigam Limited climbed 6.5%. IRFC continued its upward trend, gaining close to 4%, and Titagarh Railsystems traded 3% higher at ₹926.05.

BEML rose nearly 1% to ₹4,376.00, Container Corporation of India gained around 1.5% at ₹798.05, and IRCTC was up close to 0.8% at ₹777.70.

The railway sector’s performance aligns with positive sentiment in broader markets, with the Nifty 50 trading up 0.19% at 24,590.25 and the Sensex also recording mild gains.

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TOPICS: Railway stocks