Railway stocks represent ownership of railway-related companies. These companies include operators, constructors of infrastructure, manufacturers of locomotives and suppliers of services like caterers. Investing in railway stocks allows you to possible growth benefits from the railway industry. Increasing freight and passenger traffic, government spending on infrastructure projects and technical developments in the industry are some of the causes that may be contributing to this rise.
Here are the 5 best railway shares in India 2024
| Company Name | Market Cap (Rs. crores) | Stock Price (Rs.) |
| Indian Railway Finance Corp Ltd | 2,27,261.32 | 173.60 |
| Rail Vikas Nigam Ltd | 78,177.83 | 374.55 |
| Indian Railway Catering and Tourism Corporation | 78,304.00 | 977.75 |
| Container Corporation of India Ltd | 64,158.69 | 1,054.80 |
| Ircon International Ltd | 23,663.38 | 250.90 |
Indian Railway Finance Corp Ltd
Indian Railway Finance Corp Ltd, with a market capitalization of Rs. 2,27,261.32 crores and a stock price of Rs. 173.60, is a company established in 1986 to support the financial operations of the Indian Railways. It primarily borrows funds from the financial markets to fund the production or acquisition of assets, which are subsequently leased to railways for further development.
Rail Vikas Nigam Ltd
Rail Vikas Nigam Ltd, with a market cap of Rs. 78,177.83 crores and a stock price of Rs. 374.55, is focused on railway infrastructure development and project execution in India. Under the direction of the Ministry of Railways, it manages a variety of projects, including the building of bridges, and the renovation of stations and railway lines.
Indian Railway Catering and Tourism Corporation Ltd
Indian Railway Catering and Tourism Corporation Ltd, with a market capitalization of Rs. 78,304.00 crores and a stock price of Rs. 977.75, is a unique entity in the Indian Railways portfolio. It provides online ticket booking, catering services and packaged drinking water throughout the Indian Railways network. Furthermore, the IRCTC promotes tourism with special rail services and affordable hotels.
Container Corporation of India Ltd
Container Corporation of India Ltd, with a market cap of Rs. 64,158.69 crores and a stock price of Rs. 1,054.80, offers transportation and logistical solutions. EXIM and Domestic, which involve operations, transportation and warehousing are its two main sectors.
Ircon International Ltd
Ircon International Ltd, established in 1976 by the Ministry of Railways, is an integrated engineering and construction company with a market capitalization of Rs. 23,663.38 crores and a stock price of Rs. 250.90. It is involved in infrastructure projects such as railways, tunnels, railway electrification, metros, highways and bridges. It carried out over 390 domestic and 120 international projects in around 25 countries.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.