THREE RAILWAY STOCKS WITH STRONG ORDER BOOK TO KEEP ON YOUR RADAR
India’s railway sector continues to gain momentum, with several companies securing sizable orders that signal robust growth ahead. From diversified engineering giants to specialized manufacturers, these 3 firms are positioned to benefit from sustained infrastructure expansion.
- this an Indian public sector company manufacturing heavy earthmoving equipment for mining and construction, defence vehicles, and rail coaches, including EMUs and metro cars. With a market cap of Rs 15,055 crore, the company is sitting on an order book of Rs 16,342 crore as of 30th Sept.
- the company is enganed in producing railway wagons, coaches, locomotives, hydro-mechanical equipment, steel castings, and executing rail EPC projects like track laying, bridges, electrification, and signalling for Indian Railways and exports. With a market cap of Rs 5,220 crore, the company is sitting on an order book of Rs 6,367 crore as of 30th Sept.
- the company manufactures railway freight wagons, passenger coach components, alloy steel castings, and commercial vehicle bodies. It also produces containers and serves Indian Railways, defence, and logistics with facilities across India. With a market cap of Rs 12,047 crore, the company is sitting on an order book of Rs 5,338 crore as of 30th Sept.
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