RVNL, IRFC, RailTel and other railway stocks surge upto 16% ahead of Budget
RVNL, IRFC, RailTel and other railway stocks surge upto 16% ahead of Budget
Railway Stocks trading at their new all-time high.
Railway Stocks trading at their new all-time high.
Shares of Rail Vikas Nigam soared 15.6% to a fresh record high of Rs 567.50.
Indian Railway Finance Corporation rose by 9.44% to a new all-time high of Rs 206.
RailTel rallied over 7.5% to hit a fresh 52-week high of Rs 559.40.
In the last one month, Titagarh Rail Systems has given a return of over 33% and surged around 260% in a year.
In the past one month, shares of IRCON International has given a return of 25% and has raised the investors’ wealth by 282%
The stock has risen by almost 13% and raised the investors' money by 3 times in the past year.
In the last one month, IRCTC shares have given a return of 5.3% and surged around 67.2% in a year.
The upsurge came after Union Minister Ashwini Vaishnaw announced production of 2,500 new general passenger train coaches
The upsurge came after Union Minister Ashwini Vaishnaw announced production of 2,500 new general passenger train coaches
He also said that 5,300 kilometres of railway track have been added so far.
He also said that 5,300 kilometres of railway track have been added so far.
Dedicated trade corridors, modernization of railway stations and railway coaches support rally in stocks
Dedicated trade corridors, modernization of railway stations and railway coaches support rally in stocks