RVNL, RailTel Shares Jump Around 5% As Railway Stocks Rebound After Nearly Two Years Of Underperformance

Railway public sector undertaking (PSU) stocks attracted significant buying interest on Wednesday, 11 November 2026, as the broader market advanced. Rail Vikas Nigam Limited (RVNL) and RailTel Corporation of India Limited led the gains. Several other railway-linked counters also moved higher.

The rally comes after an extended period of weakness in the sector. The recent market recovery has also brought railway stocks back into focus, with investors looking at their valuations and the possibility of higher infrastructure spending in the upcoming Union Budget.

On the National Stock Exchange (NSE), at 1:16 pm on 11 November 2026:

• RVNL shares were trading at ₹212.91, up 5.56%.
• RailTel shares were trading 4.48% higher at ₹259.91.
• Indian Railway Finance Corporation Limited (IRFC) shares advanced 5.09% to ₹87.75
• IRCON International rose 2.85% to ₹114.53.

Other railway stocks also joined the advance. At 1:22 pm on the NSE, Indian Railway Catering and Tourism Corporation (IRCTC) gained 4.35% to ₹479.95, while RITES rose 3.87% to ₹202.44. Titagarh Rail Systems climbed 3.49 % to ₹726.95, and Container Corporation of India (CONCOR) advanced 1.81% to ₹452.15.

The sector's earlier weakness has been significant. Over the past 12 months, shares of RVNL and IRCTC had each declined 32%, compared with a 1.2% fall in the Nifty. IRFC, IRCON International and RailTel had lost between 25% and 30%. RITES was down 7%, while CONCOR had fallen 13%.

RVNL Share Price Gains Find Support From Valuation

The recent advance has prompted some market participants to view railway stocks more favourably from a longer-term perspective. The prolonged underperformance had moderated valuations, making the counters appear relatively attractive after the broader market recovered over the previous 10-15 trading sessions.

Buying interest may also reflect expectations of higher allocations towards railway infrastructure in the upcoming Union Budget. However, the source also carries a caution: although the Budget could act as a trigger, investors were advised not to rush into building positions before greater clarity emerges.

Source

NSE

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