RVNL, RailTel Surge 10% as Railway Stocks Continue Rally; Fare Hike Boosts Sentiment

• Railway stocks like RVNL, RailTel, IRFC, and IRCON International surged for the fifth consecutive day, with RVNL climbing up to 10%.
• RVNL's 10% jump was its biggest intraday surge since May, while RailTel, IRFC, and IRCON gained 5-6%.
• The rally significantly reduced year-to-date losses for these companies; RVNL's loss is now 11%, RailTel's 6%, IRFC's 14%, and IRCON's 18%.
• Revised railway fares, including a 2 paise/km increase for Mail/Express AC/Non-AC and 1 paise/km for General coaches, became effective for journeys over 215 km.
• IRFC faces stake sale pressure due to government ownership exceeding SEBI's 75% MPS rule; December has been a strong month for RVNL and IRFC.

Why It Matters: Railway stocks, led by RVNL and RailTel, are surging due to a fare hike and reduced year-to-date losses.