Texmaco Rail & Engineering Ltd zoomed 7.69 per cent, while Titagarh Wagons rose by 4.98 per cent on the BSE.
Among others, Kernex Microsystems India gained 4.97 per cent and Kalindee Rail Nirman (Engineers) surged 4.97 per cent.
"Some measures which can be expected in this railway budget are foreign direct investment in railways, increasing the number of trains, increasing the speed of the trains by cleaning up surrounding areas of railway tracks, introduction of bullet trains," said Yogesh Nagaonkar, VP- Institutional Equities, Bonanza Portfolio.
Meanwhile, ahead of the rail budget, Prime Minister Narendra Modi on Friday hinted at an increased role of the private sector in development of railways.
Modi said railway stations in metros and important cities such as Jammu would be priority for the government with regard to development of railway stations.
Railways Minister Sadananda Gowda will present his maiden Rail Budget on July 8 in Parliament.
Please click here for the Complete Coverage of Budget 2014 -15
Oh Maria! How our cricket studs should introduce themselves to Sharapova
India vetoes WTO trade facilitation deal
RSS chief says educated couples divorce easily. Do you agree?