Railway stocks have been the stocks to watch out for over the past year. From RVNL to IRCON to RITES all have given incredible returns over the past year.

While several factors from the government’s increased focus to valuation catch-up are responsible for fueling this rally, one of the most important factors has been the order inflows experienced by these companies. Here we look at the top railway companies in terms of the orders they have in hand.

RVNL

At the top of this mountain is Rail Vikas Nigam Limited. The company’s order book is over ₹83,321 crore. The current order book of ₹83,221 crore is a slight decline from the ₹85,000 crore order book reported at the end of March 2024.

Titagarh Rail Systems

The first private firm to feature on the list is Titagarh Railway Systems. The combined order book stands at ₹27,443 at the end of June 2024. This is a slight decrease from the ₹28,076 crore reported at the end of the March quarter. Over the past year, the stock has surged over 69%.

IRCON

Next in line is IRCON. The rail infrastructure major said that its total order book ₹26,034 crore as of June 30, 2024. This is a decrease from the ₹27,208 crore order book reported at the end of March 2024. Over the past year, the stock has surged over 64%.

See Also: Top 15 Defence Stocks Ranked By Order Book Value

Texmaco Rail & Engineering

At number 4, we have another private firm. Texmaco Rail in its investor presentation disclosed that its total order book as of the end of June 30 stood at ₹7,459.7 crore. The stock has gone up around 65% in the past year.

Jupiter Wagons

Following up is Jupiter Wagons. The company’s order book is at ₹7,028 crore. The company bagged orders worth around ₹1,500 crore in the March quarter. Over the past year, the stock has surged 70%.

RITES

At number 6, we have another PSU. Rites order book stands at ₹6,350 crore. The company secured more than 80 orders worth more than ₹1,300 crore in the June quarter.

Railtel

Railtel’s orderbook stands at around ₹4,800 crore. Over the past year, the stock has surged over 110%.

Read next: Top Dividend Paying Railway Stocks In FY2024

Note: Data as of June 30, 2024.

Image generated using DALL-E.