Railway Stocks Surge Ahead of Budget 2026: RITES, Titagarh Rail, CG Power in Focus

• Railway and allied stocks are under investor spotlight ahead of Union Budget 2026, driven by expectations of continued government infrastructure spending.
• Analysts anticipate a 15% increase in railway capital expenditure for FY26, focusing on capacity creation, modernization, and multimodal connectivity.
• Stock-specific performance is expected, with companies having strong order books and execution capabilities, like RITES and Titagarh Rail Systems, likely to outperform.
• Ancillary stocks in signaling, safety systems, and train protection technologies, including CG Power, HBL Power, and Kernex Microsystems, are also attracting interest.
• Key budgetary priorities include station redevelopment, safety upgrades, PM GatiShakti corridors, and accelerated deployment of Kavach 4.0.

Why It Matters: Railway stocks are gaining traction before Budget 2026, with focus on infrastructure spending and specific companies.