Rail PSU Stocks: RVNL, IRCON, IRFC, Railtel among high trading stocks; Check here to add
PSU stock prices can be impacted by a number of factors, including macroeconomic conditions, government policy, and company-specific performance.
Railway PSU Stocks are trading higher with significant gains and profits with surging over 11% in the mid-intraday trading of Monday’s session.
PSU stock prices can be impacted by a number of factors, including macroeconomic conditions, government policy, and company-specific performance. Future increases in railway PSU stocks may result from the Indian government's increased emphasis on infrastructure development, particularly in the area of railways.
In the past, the stock price performance of Rail PSUs (Public Sector Undertakings) has been inconsistent, with some stocks seeing increases and others declining.
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Over the past 30 days, the S&P BSE PSU Index has increased by 5.3%, but over the past year, it has decreased by 5.7%. Certain stocks, such as RAIL VIKAS NIGAM and MMTC, have demonstrated notable gains within the PSU sector.
Shares of Railtel were trading higher by 4.75% at Rs 323.00 while the shares of RVNL were trading higher by 11.7% at Rs 360.95. IRCON shares closed at 8.93% at Rs 160.68 at the time of closing bells. Shares of IRFC were noted at Rs 125.40, up by 7.71%.
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