Railway stock: Shares of railway-related companies surged on Friday, December 26, following the government’s decision to revise the passenger fare structure,
aimed at balancing passenger affordability with rising operational costs. Railway-linked stocks such as Rail Vikas Nigam Ltd (RVNL), Indian Railway Finance Corporation (IRFC), Indian Railway Catering and Tourism Corporation (IRCTC), and others witnessed strong buying interest.
Here’s how railway stocks reacted to the fare revision:
- Bharat Earth Movers Limited (BEML): Shares of this BSE 500 company rose 2.3 per cent, or Rs 42.15, to trade at Rs 1,910. The stock touched an intraday high of Rs 1,926, marking a 3.12 per cent gain from its previous close of Rs 1,867.65.
- Container Corporation of India Ltd: The stock gained 1.5 per cent to trade at Rs 516.25. It hit an intraday high of Rs 517.90, up 1.8 per cent from the previous session’s closing price of Rs 508.75.
- IRCON International Ltd: Shares of the BSE 500 company jumped 7.9 per cent to Rs 184. The stock reached an intraday high of Rs 186.40, reflecting a 9.29 per cent rise from its previous close of Rs 170.55.
- Indian Railway Catering and Tourism Corporation (IRCTC): This BSE 200 stock gained 4.5 per cent to trade at Rs 709.90. The share price climbed to an intraday high of Rs 711.50, up 4.7 per cent from the previous close of Rs 679.55.
- Indian Railway Finance Corporation (IRFC): With a market capitalisation of Rs 1,72,961.68 crore, IRFC shares surged 8.9 per cent to Rs 132.30. The stock touched an intraday high of Rs 132.65, a gain of 9.22 per cent from its previous close of Rs 121.45.
- Rail Vikas Nigam Ltd (RVNL): RVNL shares rose sharply by 12.9 per cent to Rs 390. The stock hit an intraday high of Rs 392.15, registering a 13.44 per cent rise from its previous closing price of Rs 345.70.
- Texmaco Rail and Engineering Ltd: Shares of Texmaco rose 5 per cent to trade at Rs 140.75. The stock climbed to an intraday high of Rs 142.95, reflecting a rise of 6.6 per cent from its previous closing price of Rs 134.10.
- Titagarh Rail Systems Ltd: Shares of this BSE 500 company gained 4.8 per cent to trade at Rs 896. The stock touched an intraday high of Rs 906, marking a rise of 6 per cent from its previous close of Rs 855.
What’s Driving the Move?
Indian Railways has rationalised its passenger fare structure with effect from December 26, with the objective of ensuring operational sustainability while maintaining affordability for passengers.Speaking on the fare revision, Dilip Kumar, Executive Director (Information and Publicity) of the Railway Board, said the new fare rates would be implemented from midnight on December 25.
Indian Railways clarified that the revised fares will apply only to tickets booked on or after December 26, 2025. Tickets already booked, even for travel on later dates, will not attract any additional charges.
Under the revised structure, there is no change in fares for suburban services and season tickets, covering both suburban and non-suburban routes.
For ordinary and Mail/Express services, fares have been revised in a calibrated manner. Second Class Ordinary fares remain unchanged for journeys up to 215 km, with graded increases beyond that distance. Sleeper and First Class Ordinary fares have been increased uniformly by 1 paise per km. Mail and Express trains will see a 2 paise per km hike across all classes.
There are no changes to reservation fees, surcharges, GST, or rounding-off norms.
Also Read: Train travel becomes expensive from today, Dec 26: Know how much extra passengers will pay for Sleeper, 3A, 2A, 1A
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
