Also Read: NHPC spikes 15%, BSE PSU index records new all-time high surging over 3.5% Among these, Rail Vikas Nigam witnessed an outstanding rally of almost 58% throughout this week. Today, the stock hit its 10% upper circuit limit, reaching a new all-time high of ₹320.35 apiece, lifting the company's market capitalisation to ₹66,793 crore. Notably, the company gained ₹24,356 crore in market value just this week.
Along similar lines, shares of Indian Railway Infrastructure Corporation also exhibited unwavering strength throughout the week. The stock witnessed a remarkable ascent from ₹113.40 apiece, hitting a 10% upper circuit limit today and achieving a new peak of ₹176.25. During this period, the stock soared by 55.42%.
Also Read: Railway stocks jump up to 15% in intra-day deals to their respective new highs As stock hit a new all-time high, the company's market capitalisation surged to ₹2,30,332 crore today, surpassing that of 22 Nifty 50 companies. In just this week, the company's market cap witnessed a stellar rise of ₹82,082 crore. Another railway PSU that made strides this week was Ircon International, with its shares reaching a new all-time high of ₹271 apiece in today's trade.
Starting the week at ₹195 apiece, the stock surged to ₹267 apiece, delivering a return of 37%. This surge propelled the company's market capitalisation by ₹6,852.6 crore, reaching a total of ₹25,182 crore. Similarly, RailTel Corporation of India witnessed a 25% surge in its shares this week, while IRCTC recorded an increase of nearly 8%.
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