Top 10 Best Railway Stocks in India

India’s railway sector has long been a pillar of the country’s transport infrastructure and promoting economic progress.

India has the world’s fourth-largest railway network, after the United States, Russia, and China. Given its immense size, the Indian Railways has a considerable number of direct companies.

In this article, we’ll look at the top 10 railway stocks in India, including their financial performance, development prospects, and market standing. Our list of best railway stocks is as follows:

1. Indian Railway Catering and Tourism Corporation (IRCTC)

IRCTC, established in 1999, has become well-known for its online ticketing and catering. It is one of the world’s largest railway catering businesses, and its services have extended to include luxury tourist trains, hotel reservations, and a variety of travel packages.

It is a division of Indian Railways and its strong performance is due to its multiple revenue streams. Its mobile app and website include an E-wallet, a reward program, ordering railway tickets, and much more.

Stock Price: ₹1,015.60
Market Cap: ₹74,864 Cr

2. Indian Railway Finance Corporation Limited (IRFC)

IRFC is an essential financial arm of Indian Railways, supporting the expansion and development of the country’s wide railway network. Established in 1986, IRFC is a dedicated financing entity responsible for raising funds to assist various railway projects and activities across India.

IRFC’s main duties include borrowing funds from domestic and international financial markets and leasing them to Indian Railways.

Stock Price: ₹172.30
Market Cap: ₹2,26,412 Cr

3. Rail Vikas Nigam Limited (RVNL)

RVNL is a government-owned firm that develops and implements railway infrastructure projects. As India continues to invest extensively in expanding and modernizing its rail network, RVNL plays an essential role in project execution.

These projects can include installing railway lines, upgrading or changing them, and establishing workshops or production facilities, etc. RVNL provides you with the option to participate in the expansion of India’s railway infrastructure.

Stock Price: ₹387.30
Market Cap: ₹50,301 Cr

4. Container Corporation of India Ltd (CONCOR)

CONCOR stands out as a top logistics and transportation provider that specializes in containerized cargo transit. With a wide network of terminals and a strategic focus on multimodal transportation, CONCOR plays an important role in facilitating efficient and seamless trade logistics.

The company is divided into two key divisions: exports and domestic. These two departments are responsible for handling, transportation, and warehousing activities.

Stock Price: ₹1,095.95
Market Cap:₹ 67,156 Cr

5. Titagarh Rail Systems Ltd.

Titagarh is a major player in the railway manufacturing sector. It specializes in the manufacturing of railway wagons, coaches, and other rolling stock, and has established itself as a trusted partner for both Indian Railways and international clients.

Titagarh expands its global reach and presence with factories in India and Italy. They also cater to passenger rolling stock, such as trains and metros. The company’s commitment to quality and innovation, along with a robust order book, makes it a top pick for you if you want exposure to the manufacturing side of the railway business.

Stock Price: ₹1,495.10
Market Cap: ₹20,015 Cr

6. BEML Ltd.

BEML Limited, formerly Bharat Earth Movers Limited, is a public-sector undertaking (PSU) that manufactures railway coaches, replacement parts, and mining equipment. BEML provides you with exposure to several growth opportunities through its diverse product portfolio and strong presence in the defense and aerospace sectors.

The company also produces high-power diesel engines and heavy-duty hydraulic aggregates to fulfill unique customer needs.

Stock Price: ₹4,450.30
Market Cap:₹18,838 Cr

7. RailTel Corporation of India Limited

RailTel Corporation of India Limited is owned by the government telecommunications infrastructure provider that focuses on serving the Indian railways. RailTel’s function becomes increasingly important as the railway industry relies more on digital technologies to run efficiently.

The company’s expertise in supplying high-speed broadband and telecom services to train networks distinguishes it as a unique investment opportunity in the railway industry.

Stock Price: ₹434.45
Market Cap: ₹13,696 Cr

8. Ircon International Ltd.

Ircon International Limited, or Ircon, is a significant Indian government-owned firm that specializes in infrastructure development and building projects. Ircon, which operates under the Ministry of Railways, was founded in 1976 and has had a significant impact on India’s transport and infrastructure sector.

Apart from its domestic achievements, Ircon has grown its global reach by taking on projects in several countries like Malaysia, Bangladesh, Afghanistan, the U.K., Nepal, and Sri Lanka.

Stock Price: ₹267.00
Market Cap: ₹25,177 Cr

9. RITES Ltd.

RITES Ltd, or Rail India Technical and Economic Service Limited, is a well-known government-owned engineering consultancy and project management firm headquartered in Gurgaon, India. RITES was founded in 1974 and specializes in delivering complete services in the fields of transport infrastructure, such as trains, highways, and urban planning.

The company has a strong presence both in India as well as abroad, providing project development, engineering, and consultation services.

Stock Price: ₹ 700.40
Market Cap: ₹16,637 Cr

10. Texmaco Rail & Engineering Ltd.

Texmaco is a well-known player in the Indian railway engineering and infrastructure industry. Since its inception in 1939, the firm has been a pioneer in the manufacture and maintenance of railway goods vehicles, passenger coaches, and other critical components.

Texmaco is known for its cutting-edge technology, innovation, and dedication to strict quality standards. The company’s diversified portfolio includes bridge construction, urban infrastructure, and defense engineering.

Stock Price: ₹205.36
Market Cap: ₹8,278 Cr

Conclusion

As India’s railway sector grows, you have various opportunities to invest in these dynamic companies.

These are the best railway stocks to buy in India combining finance, manufacturing, logistics, and infrastructure development, addressing many areas of the railway ecosystem.

While each stock comes with its own set of risks and rewards, make sure to conduct thorough research before investing.

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Disclaimer: Our blogs are not to be construed as investment advice. Trading and investing in the securities market carries risk. Please do your own due diligence or consult a trained financial professional before investing.

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