Indian Railways has completed preparations to change its face and nature. If you often travel by train, you must have felt that the speed on the tracks and the level of facilities at the stations is gradually changing. To give further impetus to this change, Indian Railways has opened its coffers. It is reported that Railways has prepared a huge investment plan of more than ₹ 14,000 crore to further improve the operation of modern trains, especially ‘Vande Bharat Express’.
This money will be spent not just on trains, but on those basic facilities that make your journey safe and comfortable. The sound of this big decision of Railways is also being heard in the stock market, where the eyes of investors are fixed on the shares of four major companies related to Railways.
IRCON International Limited
Among the companies which seem to be getting direct benefits from this investment, the first name is that of ‘IRCON International Limited’ (IRCON). This government company, formed in 1976, is working on railway, highway and metro projects not only in India but in more than 25 countries of the world. By September 2025, the company had a huge order book of ₹ 23,865 crore, of which 75 percent was for railway projects. IRCON has every hope of getting big contracts in the new infrastructure to be prepared for Vande Bharat.
Texmaco Rail & Engineering Limited
On the other hand, ‘Texmaco Rail and Engineering Limited’ is also standing strongly in this race. Along with making wagons and coaches, this company also does the work of laying tracks and signaling. The company’s order book till September 2025 stands at ₹6,367 crore. As the Railways moves towards modernisation, the demand for engineering capabilities from companies like Texmaco is also increasing, which could improve its performance in the coming quarters.
Titagarh Rail Systems Limited
‘Titagarh Rail Systems Limited’ has emerged as a big player in the world of coach manufacturing. Its joint venture with BHEL for Vande Bharat Project makes it different from other companies. The company had orders worth ₹28,403 crore till September 2025. Since the focus of Railways is now more on passenger and metro coaches, Titagarh is being considered as a long-term horse in this sector.
Rail Vikas Nigam Limited (RVNL)
Lastly, let’s talk about the company ‘Rail Vikas Nigam Limited’ (RVNL), which is considered the backbone of railway infrastructure. Be it laying new lines, doubling or rejuvenating stations, RVNL is present everywhere. According to the data of September 2025, the company has the biggest order book of ₹ 90,000 crore. RVNL’s role is going to be very important in the expansion of Amrit Bharat Station Scheme and Vande Bharat, which makes it a leading stock in this sector.
