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

Rail, shipping stocks plunge up to 6% as Israel-Hamas war weighs on economic corridor

Rail, shipping stocks plunge up to 6% as Israel-Hamas war weighs on economic corridor

Major railway stocks like the Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam Limited (RVNL), Ircon International, RITES, and RailTel Corporation of India fell up to 6%. Meanwhile, shipping stocks like Shipping Corporation of India (SCI), Garden Reach Shipbuilders, Mazagon Dock Shipbuilders, and Cochin Shipyard declined by up to 5% in the intraday trade. Palestinian … Read more