Railway stocks in India represent shares of companies involved in the railway sector, including manufacturers of trains, railway infrastructure providers, and suppliers of related equipment and services. These stocks offer investors exposure to the growth and modernization of India’s extensive railway network, driven by government initiatives and infrastructure investments.
The table below shows the best railway stocks in India based on the highest market capitalisation and 1-year return.
| Stock Name | Close Price ₹ | Market Cap (In Cr) | 1Y Return % |
| Jupiter Wagons Ltd | 536.15 | 22,759.46 | 72.01 |
| BEML Ltd | 4,281.90 | 17,831.76 | 70.52 |
| Titagarh Rail Systems Ltd | 1,289.60 | 17,160.13 | 29 |
| Ramkrishna Forgings Ltd | 900.45 | 16,378.17 | 25.84 |
| Texmaco Rail & Engineering Ltd | 221.43 | 8,845.40 | 35.72 |
| Oriental Rail Infrastructure Ltd | 321.05 | 1,992.40 | 57.96 |
| JMD Ventures Ltd | 14.91 | 43.03 | -57.41 |
Table of Contents
Introduction to Railway Stock List In India
Jupiter Wagons Ltd
The Market Cap of Jupiter Wagons Ltd is Rs. 22,759.46 crores. The stock has a monthly return of 22.1%. Its one-year return stands at 72.01%. Currently, the stock is 39.53% away from its 52-week high.
Jupiter Wagons Ltd, a prominent name in the rail sector, specializes in manufacturing advanced freight wagons and rail components. Established with a vision to enhance rail infrastructure, the company plays a crucial role in modernizing transportation solutions across India.
With a commitment to innovation, Jupiter Wagons Ltd focuses on engineering excellence and sustainable practices. Its comprehensive portfolio of products and services caters to diverse industries, ensuring reliability and efficiency. The company is recognized for its robust contributions to rail logistics.
BEML Ltd
The Market Cap of BEML Ltd is Rs. 17,831.76 crores. The stock has a monthly return of 15.95%. Its one-year return stands at 70.52%. Currently, the stock is 28.17% away from its 52-week high.
BEML Ltd, formerly Bharat Earth Movers Limited, is a leading public sector company known for its wide range of heavy engineering products. It caters to rail, defense, and mining sectors, providing innovative solutions for critical infrastructure development.
With a rich legacy spanning decades, BEML Ltd is renowned for its contributions to industrial growth. The company’s focus on indigenous manufacturing and technological advancements underscores its pivotal role in India’s self-reliance journey across various sectors.
Titagarh Rail Systems Ltd
The Market Cap of Titagarh Rail Systems Ltd is Rs. 17,160.13 crores. The stock has a monthly return of 15.16%. Its one-year return stands at 29%. Currently, the stock is 47.1% away from its 52-week high.
Titagarh Rail Systems Ltd is a premier manufacturer of freight and passenger rolling stock. With a reputation for innovation and reliability, the company contributes significantly to India’s rail transportation system, ensuring the seamless movement of goods and people.
The company excels in delivering high-quality rail solutions tailored to meet global standards. Its robust manufacturing capabilities, combined with a commitment to sustainable practices, establish Titagarh as a key player in the modernization of railway infrastructure.
Ramkrishna Forgings Ltd
The Market Cap of Ramkrishna Forgings Ltd is Rs. 16,378.17 crores. The stock has a monthly return of -3.84%. Its one-year return stands at 25.84%. Currently, the stock is 18.17% away from its 52-week high.
Ramkrishna Forgings Ltd specializes in manufacturing high-quality forgings for various industries, including rail, automotive, and energy sectors. Established in 1981, the company is recognized for its precision engineering and commitment to delivering reliable products.
The company’s strong emphasis on research and development enables it to cater to diverse market needs. Ramkrishna Forgings Ltd remains a trusted partner for global businesses, driving innovation and efficiency through its advanced manufacturing processes.
Texmaco Rail & Engineering Ltd
The Market Cap of Texmaco Rail & Engineering Ltd is Rs. 8,845.40 crores. The stock has a monthly return of 12.17%. Its one-year return stands at 35.72%. Currently, the stock is 33.9% away from its 52-week high.
Texmaco Rail & Engineering Ltd, a leading name in the rail industry, specializes in manufacturing wagons, coaches, and railway components. With a heritage spanning several decades, the company is synonymous with excellence in rail engineering solutions.
Focusing on innovation and quality, Texmaco Rail & Engineering Ltd has played a pivotal role in modernizing railway infrastructure. Its diversified portfolio and robust manufacturing capabilities position it as a significant contributor to India’s rail sector growth.
Oriental Rail Infrastructure Ltd
The Market Cap of Oriental Rail Infrastructure Ltd is Rs. 1,992.40 crores. The stock has a monthly return of 40.81%. Its one-year return stands at 57.96%. Currently, the stock is 38.61% away from its 52-week high.
Oriental Rail Infrastructure Ltd focuses on manufacturing and supplying railway products, including seating systems and interior components. The company is a key partner in enhancing passenger comfort and safety, contributing to the modernization of railway systems in India.
With an emphasis on innovation and customer satisfaction, Oriental Rail Infrastructure Ltd continues to evolve, delivering solutions that meet global standards. The company’s expertise in design and execution underscores its vital role in the rail sector.
JMD Ventures Ltd
The Market Cap of JMD Ventures Ltd is Rs. 43.03 crores. The stock has a monthly return of 9.23%. Its one-year return stands at -57.41%. Currently, the stock is 134.81% away from its 52-week high.
JMD Ventures Ltd operates in the rail sector, offering specialized services and solutions to enhance railway operations. The company is dedicated to creating value through innovation and strategic collaborations in its domain of expertise.
With a focus on niche offerings, JMD Ventures Ltd ensures quality and reliability in its services. Its dedication to improving operational efficiencies has helped it maintain a foothold in the competitive rail industry.
What Are Railway Stocks in India?
Railway stocks in India refer to shares of companies that operate within the railway sector, including passenger and freight services. These companies are involved in various aspects of railways, such as construction, maintenance, operations and associated infrastructure.
Investing in railway stocks can provide exposure to the country’s transportation industry, which is crucial for the economy’s development. The Indian railway market offers various investment opportunities due to its extensive network and growth potential. Factors such as government initiatives, modernization efforts and rising freight traffic contribute to the attractiveness of railway stocks.
Features Of Best Railway Stocks In India
The key feature of the best railway stocks in India is their alignment with the country’s infrastructure growth and modernization plans, offering investors the potential for long-term gains as the railway sector expands.
- Strong Government Backing: The feature of receiving robust government support through policies and investments ensures consistent growth and stability for companies in the railway sector, making these stocks attractive for long-term investors.
- Diverse Revenue Streams: The feature of having multiple revenue streams, such as manufacturing, services, and exports, allows top railway companies to mitigate risks and maintain profitability even during economic fluctuations.
- Technological Advancements: The feature of investing in cutting-edge technologies and innovation helps railway companies stay competitive and meet the increasing demand for modernized railway infrastructure, boosting their market position and stock performance.
- Strategic Partnerships: The feature of forming strategic partnerships and collaborations, both domestically and internationally, enables railway companies to expand their market reach, enhance product offerings, and drive growth.
- Dividend Potential: The feature of consistent dividend payments, often seen in well-established railway stocks, provides investors with a steady income stream while benefiting from potential capital appreciation.
Top Railway Stocks In India Based on 6-Month Return
The table below shows the top railway stocks in India based on 6-month returns.
| Stock Name | Close Price ₹ | 6M Return % |
| Oriental Rail Infrastructure Ltd | 321.05 | 14.31 |
| JMD Ventures Ltd | 14.91 | 8.83 |
| Texmaco Rail & Engineering Ltd | 221.43 | 7.83 |
| Ramkrishna Forgings Ltd | 900.45 | 3.27 |
| BEML Ltd | 4,281.90 | -3.78 |
| Titagarh Rail Systems Ltd | 1,289.60 | -13.74 |
| Jupiter Wagons Ltd | 536.15 | -22.54 |
Best Indian Railway Stocks in India 2024 Based on 5 Year Net Profit Margin
The table below shows the best Indian railway stocks in India 2024 based on 5-year net profit margin.
| Stock Name | Close Price ₹ | 5Y Avg Net Profit Margin % |
| Oriental Rail Infrastructure Ltd | 321.05 | 6.31 |
| Ramkrishna Forgings Ltd | 900.45 | 5.45 |
| BEML Ltd | 4,281.90 | 3.57 |
| Titagarh Rail Systems Ltd | 1,289.60 | 1.81 |
| Texmaco Rail & Engineering Ltd | 221.43 | 0.55 |
| JMD Ventures Ltd | 14.91 | -3.54 |
Top Railway Stocks Based on 1M Return
The table below shows the top railway stocks based on a 1-month return.
| Stock Name | Close Price ₹ | 1M Return % |
| Oriental Rail Infrastructure Ltd | 321.05 | 40.81 |
| Jupiter Wagons Ltd | 536.15 | 22.1 |
| BEML Ltd | 4,281.90 | 15.95 |
| Titagarh Rail Systems Ltd | 1,289.60 | 15.16 |
| Texmaco Rail & Engineering Ltd | 221.43 | 12.17 |
| JMD Ventures Ltd | 14.91 | 9.23 |
| Ramkrishna Forgings Ltd | 900.45 | -3.84 |
High Dividend Yield Railway Stocks
The table below shows the high dividend yield railway stocks.
| Stock Name | Close Price ₹ | Dividend Yield % |
| BEML Ltd | 4,281.90 | 0.47 |
| Texmaco Rail & Engineering Ltd | 221.43 | 0.22 |
| Ramkrishna Forgings Ltd | 900.45 | 0.22 |
| Jupiter Wagons Ltd | 536.15 | 0.11 |
| Titagarh Rail Systems Ltd | 1,289.60 | 0.06 |
| Oriental Rail Infrastructure Ltd | 321.05 | 0.03 |
Historical Performance of Railway Sector Stocks
The table below shows the historical performance of railway sector stocks.
| Stock Name | Close Price ₹ | 5Y CAGR % |
| Jupiter Wagons Ltd | 536.15 | 104.61 |
| Titagarh Rail Systems Ltd | 1,289.60 | 94.52 |
| Ramkrishna Forgings Ltd | 900.45 | 68.19 |
| Texmaco Rail & Engineering Ltd | 221.43 | 48.76 |
| Oriental Rail Infrastructure Ltd | 321.05 | 45.05 |
| JMD Ventures Ltd | 14.91 | 44.7 |
| BEML Ltd | 4,281.90 | 34.42 |
Factors To Consider When Investing In Railway Stocks India
The key factors to consider when investing in railway stocks in India include the sector’s alignment with economic growth, infrastructure development and government policies.
- Economic Growth and Infrastructure Development: The factor of economic growth and infrastructure development influences railway stocks as a growing economy boosts demand for rail transport, leading to increased revenue for companies. Government investment in infrastructure, particularly in railways, further enhances the sector’s growth prospects.
- Urbanization Trends: The factor of increasing urbanization drives demand for rail services, especially in metropolitan areas, which boosts the profitability of railway companies. As cities expand, the reliance on efficient rail transport grows, making railway stocks more attractive to investors.
- Government Policies and Support: The factor of government policies, including subsidies and investment initiatives, directly impacts the railway sector. Supportive policies can lead to improved infrastructure, better operational efficiency, and increased profitability, making these stocks a promising long-term investment.
- Technological Advancements: The factor of technological advancements, such as the modernization of railway networks and the introduction of high-speed trains, enhances operational efficiency and customer satisfaction. This can lead to increased ridership and revenue, benefiting investors in railway stocks.
- Financial Stability: The factor of financial stability is crucial, as companies with strong balance sheets and low debt levels are better positioned to weather economic downturns. Railway companies with solid financial health offer a stable investment option, providing confidence to investors.
How To Invest In Top Railway Stocks In India?
To invest in top railway stocks in India, start by opening a trading account with a trusted brokerage like Alice Blue. Research the leading railway companies, assess their financial health and analyze market trends. Once you’ve identified promising stocks, execute your trades via your Alice Blue account.
Impact of Government Policies on Railway Sector Stocks In India
Government policies play a crucial role in shaping the performance of railway sector stocks in India. Policies that promote infrastructure development and modernization directly boost investor confidence, leading to positive stock performance.
Subsidies and financial incentives provided by the government also enhance the profitability of railway companies, making them more attractive to investors. Additionally, favourable regulatory frameworks streamline operations and reduce costs.
On the other hand, restrictive policies or delayed government projects can negatively impact stock performance, highlighting the importance of continuous government support in this sector.
How Railway Stocks Perform in Economic Downturns?
Railway stocks tend to exhibit resilience during economic downturns, primarily due to the essential nature of rail transport in India. The consistent demand for freight and passenger services helps stabilize revenues, even in challenging economic conditions.
However, prolonged downturns can impact profitability as companies face reduced cargo volumes and passenger travel. Despite these challenges, the strong government backing and strategic importance of the railway sector often cushion the blow, making railway stocks relatively stable compared to other sectors.
Advantages Of Investing In the Best Railway Stocks In India?
The primary advantage of investing in the best railway stocks in India is the sector’s consistent demand, driven by the essential nature of rail transport for both passengers and freight, ensuring stable revenue streams.
- Government Support: Railway stocks benefit from strong government backing, including subsidies and infrastructure investments, which enhance operational efficiency and profitability, making them a reliable investment option.
- Growth Potential: With ongoing infrastructure development and modernization projects, railway companies are poised for long-term growth, offering investors the opportunity to capitalize on future market expansion.
- Dividend Yield: Many top railway companies have a history of paying dividends, providing investors with a steady income stream in addition to potential capital appreciation.
- Economic Resilience: The essential nature of railway services makes these stocks relatively resilient during economic downturns, offering stability in volatile markets compared to other sectors.
- Urbanization Trends: Increasing urbanization and the expansion of metropolitan areas drive demand for efficient rail transport, leading to higher revenue and growth prospects for railway companies, making them an attractive investment.
Risks Of Investing In the Best Railway Stocks In India?
The main risk of investing in the best railway stocks in India is their sensitivity to government policies, which can significantly impact profitability and growth. Policy changes or delays in infrastructure projects can lead to revenue fluctuations.
- Economic Downturns: During economic slowdowns, reduced freight and passenger volumes can negatively impact railway companies’ revenue and profitability, making these stocks more vulnerable to market volatility.
- Regulatory Challenges: Stringent regulations and compliance requirements can increase operational costs and reduce margins for railway companies, potentially affecting their financial performance and stock value.
- Competition: Growing competition from other modes of transport, such as road and air, can lead to a loss of market share, impacting the revenue and profitability of railway companies.
- Operational Risks: The railway sector is prone to operational risks, such as accidents, strikes, and technical failures, which can lead to service disruptions and financial losses, affecting stock performance.
- Infrastructure Delays: Delays in infrastructure projects can hinder the expansion and modernization efforts of railway companies, slowing down growth and affecting investor returns in the long term.
Railway Sector Stocks List GDP Contribution
The railway sector in India is a significant contributor to the nation’s GDP, playing a vital role in economic development. It facilitates the movement of goods and passengers across the country, making it an essential part of the logistics and transportation network.
Investing in railway sector stocks not only taps into this critical infrastructure but also aligns with the growth trajectory of the Indian economy. As the government continues to invest in and modernize the railway sector, the potential for increased GDP contribution and stock performance remains strong.
Who Should Invest in Railway Sector Stocks?
Investing in railway sector stocks is ideal for those seeking long-term growth in a sector backed by government support and steady demand. This investment option suits individuals looking for stability in essential infrastructure.
- Long-Term Investors: Those with a long-term investment horizon can benefit from the gradual growth and modernization of the railway sector, which is poised for sustained development.
- Risk-Averse Investors: Investors looking for relatively stable returns in a volatile market may find railway stocks appealing due to their essential nature and government backing.
- Income-Seeking Investors: Individuals seeking dividend income can consider railway stocks, as many companies in this sector have a history of providing consistent dividends.
- Infrastructure Enthusiasts: Those who believe in the growth potential of India’s infrastructure and transportation sectors will find railway stocks a fitting addition to their portfolio.
Impact of Freight Rates on Railway Stocks
Freight rates play a significant role in the performance of railway stocks. Recently, there has been a notable impact due to fluctuating demand and rising operational costs. As railroads experience declining volumes and revenues, they are likely to increase freight rates to offset these challenges. This situation has led to mixed outcomes for railway stocks.
List Of Railway Stocks In NSE – FAQs
The Top Railway Stocks #1: Jupiter Wagons Ltd
The Top Railway Stocks #2: BEML Ltd
The Top Railway Stocks #3: Titagarh Rail Systems Ltd
The top 3 stocks are based on market capitalization.
The best railway sector stocks based on one-year returns are Titagarh Rail Systems Ltd, BEML Ltd, Texmaco Rail & Engineering Ltd and, Jupiter Wagons Ltd.
Based on the current Price-to-Earnings (PE) ratios, BEML Ltd appears to be more undervalued compared to BEML Ltd. As of recent data, BEML Ltd has a PE ratio of around 55 to 60, which is relatively high and suggests that the stock may be undervalued, especially when compared to its industry peers.
Before investing, it’s crucial to evaluate various factors such as market trends, company performance, and economic conditions. A reliable broker like Alice Blue can provide valuable insights and resources to assist your decision-making process. Conduct thorough research and consider your financial goals before investing in railway stocks.
To invest in railway sector stocks through Alice Blue, research companies involved in rail transport, infrastructure, and manufacturing. Use Alice Blue’s trading platform to analyze their financial health, growth potential, and market position. Consider buying shares of major rail operators or suppliers, diversify your portfolio, and stay informed on industry trends and policies.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
