Railway stocks rebound: Why RVNL, IRFC, and Jupiter Wagons surge over 12% in December?
Railway stocks, including RVNL, IRFC, RailTel, and IRCON, are on the rise with a 12% increase in share prices due to the pre-Budget rally, expected fare hikes, and increased capex allocation. The Railway Ministry’s plan to launch the first Vande Bharat Sleeper for AC class travellers, improved safety indicators, and infrastructure development are also contributing to this surge.