Railway stocks surge: BEML up 10%, RailTel up 3%, Titagarh Rail up 3%, Texmaco Rail up 3.5% as India approves 500 km of new railway lines

Shares of railway companies surged sharply on Friday, September 12, after news of India’s plans to boost its northeastern frontier with new railway infrastructure. The government has reportedly approved laying 500 kilometers of rail lines, including bridges and tunnels, to connect remote regions bordering China, Bangladesh, Myanmar, and Bhutan. According to Bloomberg, the move is aimed at accelerating logistics and ensuring military readiness in case of renewed tensions with China.

On the stock market, BEML led the rally, climbing 10.06% to ₹4,459 on NSE. RailTel Corporation of India also posted strong gains, rising 3.19% to ₹375, while Titagarh Rail Systems advanced 2.91% to ₹927.10. Texmaco Rail gained 3.51% to ₹147.03, while IRCON International rose nearly 1.71% to ₹172.26. Other railway-linked stocks such as IRCTC, RITES, and Rail Vikas Nigam also ended higher.

The optimism comes as investors see railway infrastructure expansion not only strengthening India’s defense preparedness but also unlocking long-term commercial potential. With the government’s focus on connectivity and the private sector expected to play a role in execution, the sector has drawn strong attention from both institutional and retail investors.

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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