New Delhi, Feb. 3 -- Shares of government-owned railway firms, including Rail Vikas Nigam Ltd (RVNL), Indian Railway Finance Corporation (IRFC) Ltd, IRCON International Ltd, and RailTel Corporation Ltd, fell by as much as 6% on Monday, February 3, as the downward trend in these stocks persisted following the Union Budget announcement on Saturday.

In an unexpected turn, the Union Budget failed to provide any specific announcements regarding railway stocks, leaving investors disappointed.

Although the capital expenditure for the financial year 2025-26 (FY26) saw an increase of nearly 10% to Rs.11.2 lakh crore from Rs.11.11 crore in the previous year, the budget allocation for the railway sector has not changed. As per the Budget document,...