Railway PSUs Surge on Buzz of Potential RVNL-IRCON Merger

Shares of major railway public sector undertakings rallied sharply amid reports of a proposed mega merger between

am Limited (RVNL) and nternational. The surge followed media reports that the Ministry of Railways has initiated a formal proposal to combine the two infrastructure giants, aiming to create a stronger entity with enhanced execution capabilities, global reach, and operational synergies. The proposal remains at a preliminary stage and awaits further approvals. The news also lifted other railway-related stocks, reflecting renewed investor optimism in the sector.