IRCTC, RailTel, Jupiter Wagons gain up to 12% amid strong buying in Railway stocks; check key triggers

IRCTC, RailTel, Jupiter Wagons gain amid broader rally in Railway shares. 

Shares of railway-related companies rose sharply on Monday amid strong buying interest across the sector, with Indian Railway Catering and Tourism Corporation (IRCTC), RailTel Corporation of India and Jupiter Wagons gaining up to 12 percent.

Shares of IRCTC advanced over 1 percent to Rs 680.80 apiece on the NSE, up 1.01 percent. The stock moved higher after Indian Railways announced rationalisation of its fare structure with effect from December 26, 2025.

Under the revised fares, passengers travelling up to 500 km in non-AC coaches will pay an additional Rs 10. The fare revision, however, does not apply to suburban services and monthly season tickets. There is also no increase for journeys up to 215 km in ordinary class.

RailTel Corporation of India shares rose 2.3 percent to Rs 340.95 apiece. The stock gained amid reports that the company is in discussions with Elon Musk-owned Starlink for a potential partnership in India.

Shares of Jupiter Wagons surged over 13 percent to Rs 294.50 on the NSE, up 13.16 percent. The rally followed promoter Tatravagonka AS acquiring a 0.55 percent stake, or 28.72 lakh shares, in the company for Rs 135 crore at Rs 470 per share.

Rail Vikas Nigam Ltd also featured among the top gainers, rising 3.73 percent to Rs 331.05 per share. The stock was among the leading performers on the Nifty 100 index.

Meanwhile, shares of BEML, Indian Railway Finance Corporation, RITES and Titagarh Rail Systems climbed between 3 percent and 4 percent.

The broader rally in railway stocks can also be attributed to expectations surrounding the upcoming Budget, which is often seen as a trigger for sector-specific stocks due to the possibility of policy measures, capital expenditure plans and project announcements.