Jupiter Wagons recorded average gains of about 20 per cent five weeks before the Budget, with an 80 per cent win ratio, while Texmaco posted average returns of nearly 15 per cent over the same period.
RailTel shares jumped 8.11 per cent to trade at Rs 385.45 compared to a previous close of Rs 356.55, while the heavyweight financing railway arm IRFC rose 8.65 per cent to Rs 131.95.
IRCTC, Titagarh Rail, Ircon, RVNL, Texmaco Rail: Earnings of railway firms have been subdued this year with investor sentiment taking a hit due to disappointment in the Union Budget 2025 and weak sentiment in the broader market.
ITC, Indian Railway Finance Corporation Ltd (IRCTC) and Suzlon Energy Ltd disappointed investors, tumbling over 10 per cent each.
SMC Global said that Uno Minda has shown a consistent upward trend, after forming a strong base near Rs 850-900 levels as it broke above the 200-DEMA, indicating a shift in medium-term.
IRCTC shares: Prabhudas Lilladher remains optimistic about IRCTC's prospects, expecting a sales and PAT CAGR of 11 per cent over the next two years.
An analyst from Axis Securities said that SAIL is on the verge of a 'rounding bottom' formation breakout at Rs 130 levels with the current price movement and rising volumes.
360 One, JB Chemicals & Pharma, Coromandel, National Aluminium (Nalco), and Navin Fluorine are some names that saw FII buying over the past 4 quarters.
Railways stocks: All seven listed railway PSUs were soaring higher up to 5 per cent on Tuesday after IRCTC and IRFC were lifted to the status of Navratna company.
REC shares: The stock rose 5.47 per cent to hit Rs 380 level on BSE. Despite this, the stock is down 25 per cent for 2025 so far. CLSA reduced its target on the stock to Rs 525 against Rs 590 earlier.
IRCTC shares dividend: Shares of the railway company Indian Railway Catering and Tourism Corporation shall trade ex-dividend today.
Promo | Episode 4 - India Today @ 50




