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PSU Stocks Surge Ahead of Budget: IRFC, RVNL, Mazagon Dock Hit New Highs | Stock Market News

PSU Stocks Surge Ahead of Budget: IRFC, RVNL, Mazagon Dock Hit New Highs | Stock Market News

Tue, Jan 16, 2024

Several PSU stocks, particularly IRFC, RVNL, and Mazagon Dock Shipbuilders, saw significant gains on Jan 16, reaching new all-time highs in intra-day trading just before the upcoming 2024 Interim Union Budget.

IRCTC Shares Surge on Catering Policy Change | Stock Market News

IRCTC Shares Surge on Catering Policy Change | Stock Market News

Tue, Nov 21, 2023

The stock of state-run IRCTC has surged after the Railways Ministry announced certain changes to its catering policy. The new policy will allow IRCTC to go for long-term tenders for a period of seven years, subject to satisfactory performance in the initial five years. This is expected to boost IRCTC's revenues and profits.

Don't Sell Railway Stocks Says Anil Singhvi, How Much Upside In Railway Shares?

Don't Sell Railway Stocks Says Anil Singhvi, How Much Upside In Railway Shares?

Mon, Aug 28, 2023

More upside left for railway stocks? Why not to sell railway shares? Learn from Anil Singhvi.

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IRCTC Q1 results: Net profit drops 5% to Rs 232 crore, misses Street estimates

IRCTC Q1 results: Net profit drops 5% to Rs 232 crore, misses Street estimates

Wed, Aug 09, 2023

State-run Indian Railway Catering and Tourism Corp (IRCTC) reported a 5.4 per cent year-on-year decline in net profit to Rs 232.2 crore for the quarter ended June 30, missing analysts' estimates.

IRCTC Q1 results preview: Net profit likely to rise 12% to Rs 275 crore, margin may shrink by over 300 bps

IRCTC Q1 results preview: Net profit likely to rise 12% to Rs 275 crore, margin may shrink by over 300 bps

Tue, Aug 08, 2023

IRCTC is likely to report a 12 per cent year-on-year increase in net profit to Rs 275.4 crore for the April-June period, according to Zee Business research.

IRCTC shares continue to fall for third straight day; should investors worry?

IRCTC shares continue to fall for third straight day; should investors worry?

Mon, Jun 05, 2023

IRCTC share price: Indian Railway Catering and Tourism Corporation (IRCTC) shares continued to fall for a third straight session on Monday.

RVNL shares make a U-turn after series of 52-week highs, 11% off peak

RVNL shares make a U-turn after series of 52-week highs, 11% off peak

Wed, Apr 26, 2023

RVNL share price today: Rail Vikas Nigam Ltd (RVNL) shares halted a four-day winning run on Dalal Street after the PSU stock has given stellar returns of nearly 35 per cent or Rs 26. 3 in an otherwise consolidated market in the last 5 days.

RVNL shares jump after railway infra firm bags order from North Western Railway

RVNL shares jump after railway infra firm bags order from North Western Railway

Thu, Apr 13, 2023

RVNL share price: Rail Vikas Nigam Ltd shares rose naerly three per cent on Thursday after the company bagged a letter of award (LOA) worth Rs 63 crore from the North Western Railway, one of the zones under the Indian Railways.

RVNL declares 17.7% dividend — check out dividend amount, record date, payment date

RVNL declares 17.7% dividend — check out dividend amount, record date, payment date

Fri, Mar 24, 2023

RVNL dividend news: Rail Vikas Nigam Ltd announced a dividend of Re 1.77 per equity share of face value of Rs 10 each with a record date of April 6. RVNL said the interim dividend will be paid on or before April 22.

Know Why Investors Should Keep An Eye On Railway Stocks

Know Why Investors Should Keep An Eye On Railway Stocks

Fri, Mar 03, 2023

Railway companies are continuously getting big orders. Big rally is possible ahead of big orders. RVNL, Titagarh Wagons, BHEL, BEML got big orders. This order was given for 20 trains. What to do in shares of railway companies? Know the complete details from Arman Nahar.

RVNL share price: Rail Vikas Nigam skyrockets on D-Street; JV lowest bidder for making Vande Bharat trains

RVNL share price: Rail Vikas Nigam skyrockets on D-Street; JV lowest bidder for making Vande Bharat trains

Thu, Mar 02, 2023

RVNL share price: Rail Vikas Nigam shares zoomed on Thursday with high volumes after the PSU emerged the lowest bidder for manufacturing and maintaining 200 Vande Bharat trains in a joint venture with Russia's Metrowagonmash. "The total quantity is 200 trainsets and cost per set is Rs 120 crore," RVNL said.

Budget 2023: Rail stocks continue to rise on the back of record railway capital outlay

Budget 2023: Rail stocks continue to rise on the back of record railway capital outlay

Thu, Feb 02, 2023

Railway-related stocks continued to rise on Thursday, a day after Finance Minister Nirmala Sitharaman announced a record capital outlay of Rs 2.4 lakh crore for the sector.

100% Return in 1 Year: This Indian Railways stock has doubled investors' money

100% Return in 1 Year: This Indian Railways stock has doubled investors' money

Fri, Dec 02, 2022

RVNL Share Price NSE, RVNL Stock: RVNL shares have delivered more than 100 per cent return in one year. The stock is trading almost 400 per cent higher from the IPO issue.

Full commissioning of Dedicated Freight Corridor could be a game changer for Railways; CCRI, GDPL top beneficiaries

Full commissioning of Dedicated Freight Corridor could be a game changer for Railways; CCRI, GDPL top beneficiaries

Fri, Mar 11, 2022

Full commissioning of the Dedicated Freight Corridor (DFC) could be a game changer for Indian Railways, which has lost significant chunk of freight transport market share to road over the last 70 years.

Indian Railways linked stocks on a roll! Titagarh Wagons, Texmaco Rail rally a whopping 20%; here's why

Indian Railways linked stocks on a roll! Titagarh Wagons, Texmaco Rail rally a whopping 20%; here's why

Tue, Jul 24, 2018

Indian Railways linked stocks were on a roll with their shares rallying up to 20 per cent, and most of them hitting their upper circuits after reports that the Indian Railways' global tender worth Rs 2,500 crore for the supply of long rails opened today at 3 pm.

Total capex of Railway Budget pegged at Rs 1.31 lakh crore: Budget 2017

Total capex of Railway Budget pegged at Rs 1.31 lakh crore: Budget 2017

Wed, Feb 01, 2017

Talking on Railway Budget, FM Arun Jaitely said, “I feel privileged to present the first combined budget which includes the railways also. We are now in a position tosynergies the investment in railways road, waterways and civil aviation.”

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