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

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 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