The Union Budget to be presented on February 1, 2025, is driven by faster capital expenditure in 2024-25 and Indian Railways’ plans to deliver 90 Vande Bharat trains in 2025, following 62 in 2024, alongside testing high-speed rail trainsets.
The Union Budget 2025-26 is expected to increase gross budgetary support for Indian Railways by 15-18%, raising it to approximately ₹2.9-3 lakh crore, signaling a continued focus on infrastructure and rail network development.
Moreover, by December 26, 2024, Indian Railways operated 136 Vande Bharat train services, including 62 introduced during 2024, as stated in a Ministry of Railways press release dated December 29, 2024.
In 2025, Indian Railways expects deliveries of 60,000 Linke-Hofmann-Busch (LHB) coach wheels and 30,000 wagons. This aligns with a 5% hike in the Union Budget 2024-25’s Gross Budgetary Support (GBS), raising allocation to ₹2.52 lakh crore from ₹2.4 lakh crore.
Furthermore, the central government is expected to announce a major wagon order in the upcoming budget, with delivery targeted by 2028-29. Experts estimate the order’s value at ₹20,000 crore to ₹25,000 crore, according to officials familiar with the plan, Moneycontrol Reported.
Here is the stock jumped up 9% after the Modi government likely to increase the railway budget by 15-18% in FY26.
1. Rail Vikas Nigam Ltd
Rail Vikas Nigam Limited (RVNL) is an India-based company engaged in developing rail infrastructure. The Company is in the business of implementing various types of rail infrastructure projects, gauge conversion, new lines, railway electrification, bridges, workshops, and production units.
With a market capitalization of Rs 83,379.95 crore, the shares were trading at Rs 399.50 per share, increased around 7 percent as compared to the previous closing price.
2. Titagarh Rail Systems Ltd
Titagarh Rail Systems Limited, formerly Titagarh Wagons Limited, is a supplier of passenger rolling stock including metro coaches. The Company’s product range includes electric propulsion equipment such as traction motors and vehicle control systems.
With a market capitalization of Rs 14,248.48 crore, the shares were trading at Rs 1,058.00 per share, an increased of around 6 percent as compared to the previous closing price.
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3. Ircon International Ltd
Ircon International Limited (IRCON) is a railway construction firm that has gradually developed since 1985 as an integrated engineering and construction, PSU has specialized in big and technologically demanding infrastructure projects in a variety of areas, including trains and Highways.
With a market capitalization of Rs 19,242.95 crore, the shares were trading at Rs 204.60 per share, increased of around 8 percent as compared to the previous closing price.
4. Jupiter Wagons Ltd
Jupiter Wagons Limited is a railway engineering business that provides freight wagons and passenger coaches for the Indian Railways. The company manufactures railway wagons, wagon components, castings, and metal fabrication, including load bodies for commercial vehicles and rail freight wagons.
With a market capitalization of Rs 19,652.14 crore, the shares were trading at Rs 462.95 per share, increased of around 7 percent as compared to the previous closing price.
5. Texmaco Rail & Engineering Ltd
Texmaco Rail & Engineering Limited is an India-based company that produces a variety of products, including railway freight cars, hydro-mechanical equipment, industrial structures, loco components, shells, steel girders for railway bridges, steel castings, and pressure vessels.
With a market capitalization of Rs 7,555.92 crore, the shares were trading at Rs 189.15 per share, increased of around 5.29 percent as compared to the previous closing price.
Written by Abhishek Singh
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