Railway shares such as IRCTC rose 1% to Rs 630.35, Titagarh Rail gained 2% to Rs 840, Ircon International inched up 1.5% to Rs 166.95 and RVNL rose 1% to Rs 345.60.
Union Budget 2026: Railway shares such as IRFC shares gained 3.20% to Rs 124 and RailTel stock rose 4.45% to Rs 369.60.
RVNL, RailTel, IRCTC, Titagarh Rail, IRFC, Ircon International shares: Analysts attribute weakness in the railway stocks to high valuations and subdued quarterly earnings of rail sector firms.
Budget 2026: Analysts and industry players noted that Indian Railways have already utilised over 80 per cent of its Rs 2,52,200 crore capital outlay for FY26 by December 2025.
Just a day prior, on January 27, RVNL informed the bourses that it had emerged as the L1 bidder for a separate project under South Central Railway.
An analyst from Master Capital Services said that Indian Bank has given a clear breakout on the daily chart and ended with a strong bullish candle, showing aggressive buying at higher levels.
An analysts from Arihant Capital said that YES Bank is maintaining the lower top lower bottom formation which is sign of weakness on the daily charts.
IRCTC, Titagarh Rail, Ircon, RVNL, Texmaco Rail: Earnings of railway firms have been subdued this year with investor sentiment taking a hit due to disappointment in the Union Budget 2025 and weak sentiment in the broader market.
RVNL stock closed at Rs 333.40, rising 0.32% on Wednesday against the previous close of Rs 333.40 on BSE.
Brokerage firm Motilal Oswal has picked up three multibagger stocks- Tata Motors, CG Power and Rail Vikas Nigam which are on its radar on the technical charts.
The multibagger stock is likely to trade on weak note in the near term, say analysts.





