Stocks like Texmaco and BEML have shed around 30% or more while IRFC, RailTel, and RVNL have dropped over 25% since the Interim Budget on February 1. Source link
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 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
Even as trains are getting delayed amid intense cold waves in North India, there are no hiccups in the rally of railway stocks as they continue to move on the fast track ahead of the 2024 Budget. Ircon International was the leader in the pack on Saturday, gaining 15% while hitting a fresh 52-week high. … Read more
Bajaj Finserv. Share Price 1634.65 03:59 PM | 06 Oct 2023 92.11(5.97%) Bajaj Finance. Share Price 8168.55 03:59 PM | 06 Oct 2023 317.66(4.04%) Titan Company. Share Price 3309.75 03:59 PM | 06 Oct 2023 93.25(2.89%) IndusInd Bank. Share Price 1434.80 03:59 PM | 06 Oct 2023 32.96(2.35%) Tata Consumer Products. Share Price 874.75 03:57 … Read more
“Real estate, after a 10-year down cycle, over the last one year we have seen real estate attraction picking up in the broader market and the stocks are also doing well,” says Ajay Bagga, Market Expert.We saw the broader market indices, they are at record highs and pockets like sugar, defence, they have been quite … Read more
Jupiter Wagons shares hit the 5% upper circuit and a 52-week high of Rs 271.4 in Wednesday’s trade as the government is planning to introduce a production-linked incentive (PLI) scheme for train component makers as part of its efforts to attract foreign manufacturing firms and reduce dependence on imports, people aware of the matter said. … Read more
PSU stocks have delivered healthy returns to investors in the last one month, rallying up to 56% with railway stocks leading the charts. The Nifty PSU index is up about 10% during the month, compared with 3% gains in benchmarks Sensex and Nifty. As many as 28 PSU stocks have offered double digit monthly returns … Read more