Indian Railways: Indian Railways stocks are performing well on the stock market. Even before Budget 2024, shares of IRFC, RVNL, Jupiter Wagons, Titagarh Rail Systems and Texmaco Rail & Engineering have increased by about 19 percent. IRFC has created a stir. The shares of the company have touched their all time high rate of Rs 134.5. The company's shares have performed brilliantly in the last two years. RVNL shares have also touched a 52-week high of Rs 230.6.
All stocks due to railways rose on Monday
According to the report of Economic Times, shares of Indian Railway Finance Corporation (IRFC) also went up on Monday. About 8 percent in the shares of Rail Vikas Nigam (RVNL), 3.79 percent in the shares of Ircon International, 5 percent in the shares of Jupiter Wagons, 1.96 percent in Titagarh Rail Systems and Texmaco Rail & Engineering (Texmaco Rail & Engineering) shares have jumped by more than 4 percent.
IRFC shares are doing wonders, jumped 41 percent in a month
IRFC shares are doing wonders. In these, an increase of more than 41 percent was recorded last month. The company's shares have risen 311 percent in the last 6 months and 465 percent in two years. During the last one month, Sensex has risen by 2.4 percent. Also, a jump of 10.83 percent in 6 months and 203.2 percent in two years has been recorded in Sensex.
RVNL shares jumped 520 percent in 2 years
RVNL shares also did not lag behind. On Monday, he crossed the 52-week high of Rs 230. There has been an increase of about 23 percent in the last one month. Also, if we look at the data of 6 months, it has increased by 88 percent and in 2 years it has increased by 520 percent.
The performance of other railway companies also remained strong
Meanwhile, the performance of other railway companies was also strong on Monday. The shares of Jupiter Wagons hit upper circuit of 5 percent and crossed Rs 371. Shares of IRCON also touched the highest figure of 52 weeks at Rs 209. Similarly, shares of Texmaco were also successful in crossing their highest level of Rs 193. It has increased by approximately 380 percent in two years.
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