Railway stocks to benefit after cabinet approves railway projects worth ₹18,658 CrRailway stocks to benefit after cabinet approves railway projects worth ₹18,658 Cr

Introduction:

The Union Cabinet Committee on Economic Affairs approved four railway infrastructure projects worth ₹18,658 crore across Maharashtra, Odisha, and Chhattisgarh. These multi-tracking projects will add 1,247 km to the rail network, including 680 km of new route lines, improving connectivity and reducing congestion.

Projects include Sambalpur–Jarapada, Jharsuguda–Sason, Kharsia–Naya Raipur–Parmlakasa, and Gondia–Balharshah lines. The Odisha segments aim to ease movement along the busy Talcher–Paradip and Howrah–Mumbai corridors, which are critical for coal and raw material transportation.

The electrified projects will reduce diesel usage by 950 million litres and create 38 million human-days of employment. Once completed, they will provide connectivity to 19 new stations, 3,350 villages, two aspirational districts, and benefit approximately 4.7 million people.

Rail Vikas Nigam Limited:

On April 7, 2025, Rail Vikas Nigam Limited opened at ₹305.00, reaching a high of ₹334.25 and a low of ₹305.00, down 4.82% from the previous close of ₹350.30. The stock is currently trading at ₹333.40, with a market cap of ₹69,514.57 Crores.

Rail Vikas Nigam Limited is a public sector enterprise under the Ministry of Railways, responsible for implementing railway infrastructure projects. It undertakes construction of new lines, gauge conversion, electrification, and other key railway modernization efforts across India.

Bharat Earth Movers Limited:

On April 7, 2025, BEML Limited opened at ₹2,799.95, reaching a high of ₹2,799.95 and a low of ₹2,464.70, down 7.72% from the previous close of ₹2,951.15. The stock is currently trading at ₹2,723.45, with a market cap of ₹11,329.39 Crores.

Bharat Earth Movers Limited, commonly known as BEML, is a government-owned company that manufactures heavy equipment used in sectors like defense, railways, and construction. It is a key supplier of metro coaches and defense mobility solutions.

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Railtel Corporation of India Limited

On April 7, 2025, Railtel Corporation of India Limited opened at ₹266.00, reaching a high of ₹280.70 and a low of ₹266.00, down 6.84% from the previous close of ₹297.55. The stock is currently trading at ₹277.20, with a market cap of ₹8,896.41 Crores.

Railtel Corporation of India Limited is a Mini Ratna PSU under the Ministry of Railways. It provides broadband and VPN services and is one of the largest neutral telecom infrastructure providers in the country, focusing on connectivity for Indian Railways.

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Jupiter Wagons Limited:

On April 7, 2025, Jupiter Wagons Limited opened at ₹315.00, reaching a high of ₹358.25 and a low of ₹311.00, down 2.94% from the previous close of ₹368.80. The stock is currently trading at ₹357.95, with a market cap of ₹8,896.41 Crores.

Jupiter Wagons Limited is a prominent manufacturer of railway wagons, high-speed brake systems, and related transportation equipment in India. The company supports both Indian Railways and private logistics by delivering advanced freight movement solutions and mobility systems.

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.