Railway shares extend run as fare hike kicks in today; RVNL, IRCTC, IRFC rise up to 12%

Railway shares extend run as fare hike kicks in today; RVNL, IRCTC, IRFC rise up to 12% Railway-linked shares extended their rally on Friday, rising up to 12 percent, as the revised passenger train fares came into effect from today. Shares of Rail Vikas Nigam Ltd

), Indian Railway Finance Corporation ), Indian Railway Catering and Tourism Corporation (IRCTC) and RailTel were among the top gainers in the sector. RVNL led the rally, climbing as much as 12.58 percent to Rs 389.20 on the NSE, at around 12 p.m. IRFC rose 9.27 percent to Rs 132.75, while IRCTC gained 4.59 percent to Rs 710.85. Jupiter Wagons was up 2.85 percent at Rs 350.30. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24