Overview
- IRCON International’s stock jumped 13.61% on June 4 after winning a Rs 1,068.34 crore East Central Railway order for a broad-gauge rail bridge between Bikramshila and Katareah stations.
- Rail Vikas Nigam Ltd climbed 6.45% despite a 4% year-on-year Q4 net profit decline, supported by fresh order inflows of Rs 6,600 crore for the quarter.
- RailTel Corporation rallied 10.20% as its Q4 profit rose 46.3% year-on-year to Rs 113.4 crore and revenue increased by 57%.
- Indian Railway Finance Corporation posted its highest-ever annual profit of Rs 6,502 crore in FY25, lifting its shares by 3.20%.
- RITES Ltd ended FY25 with a near-Rs 8,900 crore order book, and investor optimism is buoyed by projected increases in government rail spending.