The shares of railway companies in India have been on the rise in recent months. Railway stocks have got Bande Bharat speed recently. This is due to a number of factors, including:
Increased investment in the
railway sector: The Indian government has announced plans to invest
heavily in the railway sector in the coming years. This includes plans to build
new railway lines, electrify existing lines, and develop dedicated freight
corridors. This investment is expected to create a demand for rolling stock and
other railway assets, which will benefit railway companies.
Strong financial performance: Railway
companies in India have been consistently profitable in recent years. This
shows that the companies are well-managed and have a sound financial footing.
Positive outlook for the
railway sector: The railway sector is expected to grow in the coming
years due to factors such as rising demand for rail travel, increasing
urbanization, and government support. This positive outlook for the sector has
also contributed to the rise in railway stock prices.
Now, let’s look at mindboggling
growth of some railway stocks in the last 6 months :
(as on 07/09/2023):
Script |
CMP |
INCREASED |
Growth in 6 months |
IRFC |
Rs 73.45 |
Rs 45.40 |
161.85% |
IRCON |
Rs 122.80 |
Rs 67.60 |
122.46% |
RVNL |
Rs 153.90 |
Rs 89.90 |
140.47% |
RAILTEL |
Rs 231.25 |
Rs 120.25 |
108.33% |
JWL |
Rs 380.90 |
Rs 278.60 |
272.34% |
To start investing you can open demat account. You choose Zerodha,
the largest broker in India. The link for opening demat account online is here :
Note: Please note that all
investments carry some level of risk, and it's essential to conduct thorough
research and consider your financial goals and risk tolerance before investing
in any stock, including railway stocks. Additionally, consult with a financial
advisor for personalized investment advice.