Railway stocks tank 13% as early election trends diverge from exit polls

Railway stocks tank 13% as early election trends diverge from exit polls

Shares of railway firms tumbled by up to 13% in early trade on Tuesday, June 4, as early election trends did not align with exit polls. Shares of Rail Vikas Nigam tumbled nearly 13% to Rs 351.7, while Ircon International saw a 12% decline. RailTel Corporation of India, IRFC, Texmaco Rail & Engineering, and IRCTC … Read more

Exit Poll Impact! Rail stocks soar up to 13% led by multibaggers RVNL, IRFC, hit fresh 52-week high

Exit Poll Impact! Rail stocks soar up to 13% led by multibaggers RVNL, IRFC, hit fresh 52-week high

Indian railway stocks shot up over 13% on Monday following the exit polls, predicting a thumping majority for the incumbent government. Among the top gainers was Titagarh Rail Systems which hit a 52-week high along with Rail Vikas Nigam Limited (RVNL, 11%), Indian Railway Finance Corporation (IRFC, 12.5%), and Jupiter Wagons. Other railway stocks that … Read more

5 railway stocks jump up to 7% ahead of Union Budget 2024

5 railway stocks jump up to 7% ahead of Union Budget 2024

After falling 7-14% in Tuesday’s trade, shares of Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam (RVNL), Ircon International, Indian Railway Catering & Tourism Corporation (IRCTC), and RailTel Corporation of India surged in Wednesday’s trade between 3-7% ahead of the Union Budget 2024.According to the analysts, the sharp rally in the railway pack was attributed … Read more

Railway stocks tank up to 16% amid profit booking. Ircon, RITES among top laggards

Railway stocks tank up to 16% amid profit booking. Ircon, RITES among top laggards

Railway stocks fell up to 16% on Tuesday amid profit-booking, following a strong rally ahead of the Union Budget 2024. The decline was led by Ircon International (16%), followed by state-run Rail Vikas Nigam Limited (RVNL) and RITES, which fell up to 8.5%. The country’s most valuable railway counter, Indian Railway Finance Corporation (IRFC), dropped … Read more

IRFC, Polycab among 7 stocks that could enter Nifty Next50 index – One Up!

IRFC, Polycab among 7 stocks that could enter Nifty Next50 index – One Up!

Coal India. Share Price 398.80 03:59 PM | 20 Jan 2024 15.56(4.06%) Adani Ports & Special Economic Zone. Share Price 1193.00 03:59 PM | 20 Jan 2024 40.55(3.52%) Adani Enterprises. Share Price 2987.90 03:59 PM | 20 Jan 2024 72.25(2.48%) Kotak Mahindra Bank. Share Price 1806.80 03:59 PM | 20 Jan 2024 42.50(2.41%) ICICI Bank. … Read more