Today’s day in the stock market was in the name of railway companies, there was a rise in this stock.

Meanwhile, the shares of Indian Railway Finance Corporation (IRFC) also witnessed a strong rise on Wednesday and this share of the railway increased by 5.60 percent during trading. The shares of the railway company opened at Rs 156.85 and reached a high of Rs 165.99. Talking about other railway shares, shares of Indian Railway Catering and Tourism Corporation i.e. IRCTC rose by 2.60 percent to Rs 857, while shares of BEML reached Rs 4549 with a rise of about 3 percent.

What is the reason for the increase in railway stocks?

There was a huge rise in railway shares during trading in the stock market on Wednesday. There was a huge fall in these stocks last month in November, but now they seem to be in a strong recovery mode and most of the railway stocks have improved. Apart from this, the impact of getting big orders from railway companies has also been positive on the shares of the companies.