Railway stocks on fast track ahead of Budget; Ircon, IRFC, others jump up to 15% today

January 20, 2024

Railway stocks continue to rally ahead of the 2024 Budget. Ircon International leads the pack, gaining 15% and hitting a fresh 52-week high. Indian Railway Finance Corporation (IRFC) also rose 10% to reach a new 52-week peak. Other stocks, including RVNL, IRCTC, Titagarh Rail Systems, Jupiter Wagons, Texmaco Rail & Engineering, and RITES, soared up to 10% and hit their 52-week highs.

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