Railway stocks IRCON International, RVNL shares jump up to 12% on merger reports
IRCON International share price jumped over 12%, while Rail Vikas Nigam (RVNL) share price surged over 6% on Friday despite weak trend on Dalal Street. The rally in these railway stocks came after reports that the government was considering a proposal to merge the two PSU companies.
IRCON International shares rallied as much as 12.13% to ₹150.15 apiece, and RVNL stock price gained 6.58% to ₹298.55 apiece on the BSE.
