Rail Vikas Nigam surged 9.16%, while RailTel Corporation of India 6.63%. Indian Railway Finance Corporation advanced 6.30%. Manufacturing-linked names also gained, with Titagarh Rail Systems rising 4.91% and Texmaco Rail & Engineering up 4.59%.
RITES rose 4.26% and Ircon International gained 4.25%. Among other stocks, Jupiter Wagons climbed 2.14%, while Indian Railway Catering and Tourism Corporation advanced 1.66%.
Market participants are positioning for higher government capital expenditure on rail infrastructure, rolling stock expansion and network modernisation, a trend that has historically supported railway-linked stocks in the run-up to the Budget.
The broader rally reflects expectations that the upcoming Budget will continue to prioritise railways as a key pillar of India’s infrastructure push.