These two railway companies had fun, earned billions of rupees as soon as they got Navratna status.

Two railway companies in the country have been given the status of Navratna companies. After which the shares of those companies have run like a rocket in the stock market. An increase of billions of rupees has been seen in their market cap. Let us also tell you, who are those two companies?

Railway companies are having very good days. This is also the main reason. A lot is going on in the country and on the international platform regarding railway infrastructure. This is the reason why there has been an increase in the shares of these companies. Recently two railway companies have been given Navratna status. One name in which is IRCON. The other name is of rights. As soon as this news came, the shares of both the companies ran like rocket speed on Friday. Due to which the investors of both these companies have benefited. Besides, there has also been a tremendous increase in the market cap of the company. Let us also tell you how much both the companies have benefited from the stock market today.

IRCON shares increased by 10 percent

Shares of the country's leading railway company IRCON International Limited closed today with a rise of more than 10 percent. According to the data received from BSE, the company's shares closed at Rs 149.75 with a rise of Rs 13.90 i.e. 10.23 percent. However, the company's shares also reached the day's high of Rs 154.70 during the trading session. A day ago the company's shares had closed at Rs 135.85. If experts are to be believed, the company's shares may see further increase in the coming days.

IRCON gets profit of more than Rs 1300 crore

Due to the rise in shares, the market cap of IRCON International has gained more than Rs 1300 crore. According to the data, when the market closed a day earlier, the market cap of the company was Rs 12,776.90 crore. Whereas after the market closed today, the market cap of the company has come down to Rs 14,084.22 crore. This means that the market cap of the company has increased by Rs 1,307.32 crore.

Rights also benefited

On the other hand, RITES has also got Navratna status. The company has also benefited from the stock market. RITES shares closed today at Rs 499.20 with a rise of 5.44 per cent i.e. Rs 25.75. However, the company's shares also reached Rs 506.45 during the trading session. If we talk about the market cap of the company, an increase of more than Rs 600 crore has been seen. According to the data, when the market closed a day ago, the market cap of the company was Rs 11,377.09 crore. Whereas when the market closed today, the market cap of the company has come to Rs 11,995.87 crore. This means that compared to a day before, there has been an increase of Rs 618.78 crore in the market cap of the company.