Indian Railway Finance Corporation (IRFC) and Rail Vikas Nigam (RVNL) are two railway PSU large-cap stocks that have given tremendous gains since 2023. YTD, IRFC share price has advanced by 116%, and that of RVNL has outperformed with an upside of nearly 245%. Both are budget picks as well due to their strong fundamentals and in the case of RVNL, its healthy order book has kept investors optimistic as well.
Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 to mobilize funds from domestic and overseas markets to meet the predominant portion of the Extra Budgetary Resources requirement of Indian Railways.

The company began its operation in 2005 with the appointment of a Board of Directors. The company was granted Miniratna status in September 2013. RVNL has been rated "Excellent" for 9 successive years by the Department of Public Enterprises. RVNL has also been ranked 1st amongst the Railway PSEs for the 4 times out of the last 5 years.
More From GoodReturns

Gold Rates In India Today Jumps, But Silver Rates Crash On March 27; 24 Carat, 22 Carat, 18 Carat Gold Prices

Gas Cylinder Connection To Be Removed After 90-Days: Why LPG Users Should Choose PNG? Which Is Better?

Gold Rates & Silver Rates Today Live: MCX Gold Below Rs 1.49 Lakh Mark, Silver Price Drops By 14,500

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gold Price In India Rally Post Rs 1.1 Lakh/100 Gm Crash In Week, Silver Stable; 24K, 22K, 18K Rate On March 26

Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi

Bank Holidays: Banks To Be Closed On March 26, March 27, March 28 & March 29; Ram Navami To Fourth Saturday

New Income Tax Act 2026: Full List Deductions And Exemptions Under The New Tax Regime From April 1

5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged



Click it and Unblock the Notifications