ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Markets News

From RVNL to IRCON to IRCTC: Railway-related stocks in limelight ahead of Union Budget

Market experts believe that shares of railway-related companies are in the focus as Dalal Street expects a boost to railways' capital expenditure. Expectations of higher allocations are driving the stocks.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
From RVNL to IRCON to IRCTC: Railway-related stocks in limelight ahead of Union Budget
Shares of K&R Rail Engineering surged 5 per cent to hit its upper circuit on the bourse, Pic- Reuters

Shares of railway-related companies, including Rail Vikas Nigam Ltd and IRCON International, witnessed an up-trend on Wednesday, ahead of the Union Budget presentation in Parliament.

Market experts believe that shares of railway-related companies are in the focus as Dalal Street expects a boost to railways' capital expenditure. Expectations of higher allocations are driving the stocks.

Shares of Rail Vikas Nigam Ltd (RVNL) were quoting at Rs 77.95 apiece on the BSE, up 2.43 per cent from the previous close, while the counter of Indian Railway Finance Corporation (IRFC) gained 0.91 per cent to Rs 33.35.

Catch the latest updates of Budget 2023

Indian Railway Catering & Tourism Corporation was trading 0.96 per cent higher at Rs 643.35, Jupiter Wagons rose 1.26 per cent, Texmaco Rail & Engineering rose 0.98 per cent, and Titagarh Wagons gained 0.74 per cent.

Shares of K&R Rail Engineering surged 5 per cent to hit its upper circuit on the bourse.

Finance Minister Nirmala Sitharaman will present Union Budget 2023-24 in a paperless format.

Click here to get more stock market updates I Zee Business Live

 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
railway stockIRCTCRail Vikas Nigam LtdRVNLIRCONNational Stock Exchange (NSE)Bombay Stock Exchange (BSE)Budget 2023union budget 2023
Reported By: ZeeBiz WebTeam
Updated: Wed, Feb 01, 2023
11:12 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
A PSU railway stock in vogue on D-Street again — here's what's driving it higher A PSU railway stock in vogue on D-Street again — here's what's driving it higher
136% return in 6 months: This Indian Railways stock is poised to climb further - check price target | RVNL Share Price Target 2023 136% return in 6 months: This Indian Railways stock is poised to climb further - check price target | RVNL Share Price Target 2023
RailTel shares extend gains to 4th day; analysts see up to 44% upside RailTel shares extend gains to 4th day; analysts see up to 44% upside
IRFC back in action: Share price gains 4%; analysts upbeat - check target IRFC back in action: Share price gains 4%; analysts upbeat - check target

LATEST NEWS

US Stock Market: Dow nosedives 530 pts after Fed rate hike, Jerome Powell's promise to fight inflation; S&P, Nasdaq follow suit

WhatsApp new app: Now link up to 4 devices even when phone is offline

Maruti Suzuki hints to increase prices of all variants from next fiscal; stock rises

Govt to exercise green shoe option for HAL OFS; likely to raise Rs 2,800 crore

AP MLA Quota MLC elections Result 2023 winners list: Check full list of MLC winners of YSRCP, TDP in Andhra Pradesh

Stocks in focus today: HAL, Hero MotoCorp, IGL, PFC, Metro Brands, HG Infra and other shares worth tracking

Sebi says e-wallets for investing in mutual funds should be compliant with RBI-prescribed KYC norms

Hindenburg Research claims Jack Dorsey's payments firm Block overstated user counts

Ramesh Damani has one advice for retail investors running short of time

Aether Industries to set up new units in Gujarat with investment of Rs 1,000 crore

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV