RVNL, Railtel Corp, Titagarh Rail, other railway stocks rally up to 4% on Rs 16 lakh crore bullet train plan

Railway stocks rallied up to 4% after the Railway Ministry unveiled an ambitious Rs 16 lakh crore bullet train plan featuring new Delhi–Varanasi and Varanasi–Siliguri corridors that could cut Delhi-Siliguri travel time to about six hours. RVNL led the gains, jumping over 4% to Rs 243.40, with Titagarh Rail, Ircon International and Railtel each rising nearly 4%, and Texmaco, IRFC and CONCOR gaining around 3%. BEML is building India's first domestically manufactured bullet train capable of 280 kmph, with trial operations planned on a 100-km Surat-Bilimora section by August 2027.