IRCON vs RVNL vs RITES vs Jupiter Wagons: Which Railway Stock Will Beat Sector-Wide Rally? Target Price Inside

IRCON vs RVNL vs RITES vs Jupiter Wagons: Railway sector stocks have gained momentum over the past month with stocks like IRCON, RVNL, RITEs and Jupiter Wagons surging more than 15% in one month.

Most of these railway stocks regained investors' interest after the announcement of their March quarterly result for financial year 2024-25. Surge in order books due to a slew of recent government orders remained one of the reasons for railway stocks rally over the past few days.

Commenting on the growth of railway sector stocks in May, Motilal Oswal in its monthly report, noted, " Defense & Railway sectors reach record market caps led by strong re-rating on the back of strong order book growth."

IRCON vs RVNL vs RITES vs Jupiter Wagons

While most of the railway sector stocks have outshined lately, IRCON emerged as the biggest newsmaker after surging nearly 34% in one month.

PSU major, RITES, also gave tough competition to its peers with a 30% jump in its stock value in a month. RITES shares gained significantly on Tuesday, after the company announced that it has been awarded a $2.908 million contract by the Ministry of Public Works in Guyana.

RVNL share price value has increased around 18% in one month. RVNL's share price value has increased despite the company reported a slight decline in its consolidated earnings to Rs 459 crore.

Jupiter Wagons shares rallied around 10.24% in one month. The comprehensive mobility solutions provider, across rail, road, and marine transportation, had reported a 14.9% increase in its profit after tax (PAT) to Rs 380 crore in FY25.

IRCON vs RVNL vs RITES vs Jupiter Wagons: Share Price Target

Antique Stock Broking Limited, in its latest market report, has maintained a 'Hold' rating for IRCON International, indicating a downward trend in its valuation by 17%. The brokerage had fixed its target price at Rs 180 per share. The stock had closed at Rs 215.65 per share and is likely to open in green on Wednesday.
Jupiter Wagons Ltd shares also had a 'Hold' ratings with a target price of Rs 431 per share. The company stock valuation is likely to increase by 5%, according to Antique Stock Broking. The stock closed at Rs 410 apiece.

Indicating a massive decline in RVNL share price valuation, the brokerage in its report, had given a 'Sell' rating for RVNL stock. The stock is expected to see a decline of 49% in long run with a target price of Rs 216 per share. The company stock closed at Rs 427 per share on BSE.

RITES share price value may also see a decline in valuation in the long run, according to the report which had fixed a target price of Rs 259, indicating a 14% decline in its valuation. RITES share price ended at Rs 302 apiece on BSE. The stock has a 'Hold' rating by the brokerage.

Apart from all these railway stocks, Antique Brokerage had fixed a 'Buy' rating for Titagarh Rail Systems indicating a 16% upside in its valuation. Its target price was fixed at Rs 1095 apiece.

Disclaimer: The write-up is just for information purposes, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on article mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.