🚆 Railway PSU Stocks Rally on RVNL–IRCON Merger Buzz

Railway PSU stocks saw strong buying on 6 March 2026 (Friday) after reports suggested the Ministry of Railways (India) has moved a proposal to merge IRCON International Limited with Rail Vikas Nigam Limited (RVNL). IRCON surged up to 12.45%, marking its second consecutive positive close after seven straight losses. RVNL gained up to 6.86%, ending four sessions of decline. However, IRCON clarified in an exchange filing that the company is not currently engaged in any discussions or negotiations regarding such a merger.

, a Navratna PSU, is a transport infrastructure engineering company with 900+ projects across 31 countries. RVNL, also a Navratna PSU, serves as the execution arm of Indian Railways, playing a key role in project implementation and railway electrification. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.