Railway company stocks like Ircon International and RVNL surged. This increase followed significant trading activity on the NSE. Ircon International secured a major EPC contract. RVNL also announced a new contract from Central Railway. These developments boosted investor confidence. Other railway-linked stocks also experienced gains. The fresh order announcements drove the rally. The projects are expected to improve railway infrastructure.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets