market: What should investors do with auto stocks? Sandip Sabharwal answers

market: What should investors do with auto stocks? Sandip Sabharwal answers

“The management strategy of expanding across various formats, expanding its food delivery, TajSATS. So, I think strategically they are doing very well and now the big focus only on managed hotels is working well for them. Stock is not cheap at these valuations at all. Like, we obviously hold for from very low levels and … Read more

railtel shares: RailTel shares jump 11%, hit fresh 52 week high; multibaggers IRFC, Ircon join party with new peaks

railtel shares: RailTel shares jump 11%, hit fresh 52 week high; multibaggers IRFC, Ircon join party with new peaks

Shares of Railtel Corporation of India jumped over 11% to hit a fresh 52-week high of Rs 578.50 on the NSE on Friday. Other PSU counters including Ircon International and Indian Railway Finance Corporation (IRFC) also joined the party, hitting fresh 52 week highs. Railway stocks have gained attention ahead of the Modi 3.0 government’s … Read more

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

Railway stocks jump up to 11%; RailTel, Ircon top gainers

Railway stocks jump up to 11%; RailTel, Ircon top gainers

Extending the winning run of the last trading session, shares of Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam (RVNL), Ircon International, Indian Railway Catering & Tourism Corporation (IRCTC), and RailTel Corporation of India rallied up to 11% on Thursday.Among these PSU railway stocks, RailTel Corporation was the top gainer, rising 11.4% to Rs 442 … 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