Railway PSU stocks have garnered significant investor attention in recent years, driven by robust returns and improved financial performance. This momentum has been supported by increased government capital expenditure and a focused push towards modernization and infrastructure development in the railway sector. Recently, three key state-owned railway companies — Rail Vikas Nigam Ltd (RVNL), IRCON…
IRCON Q4 Results: Ircon International (IRCON), a public sector undertaking (PSU), under the Ministry of Railways, on Wednesday, May 21, announced a 14% year-on-year (YoY) decline in its consolidated net profit for the March quarter of the financial year 2024-25 (Q4 FY25). The profit stood at â‚ą212 crore in the quarter under review, compared with…
Multibagger stock: Shares of Kernex Microsystems India, which manufactures and sells Safety Systems and Software services for Railways, were locked in the 5% upper circuit for the second consecutive trading session on Wednesday, April 02, reaching â‚ą855.55 apiece after the company secured a Kavach order. On Tuesday, the company informed investors through an exchange filing…
Railway stocks to buy on Budget 2025 date: Union Finance Minister Nirmala Sitharaman is set to announce the Union Budget for the financial year 2025-26 on Saturday, February 1. Stock market experts shed light on railway stocks to buy on Budget Day. Also Read | Budget 2025-26: Will Nirmala Sitharaman deliver a fiscal bazooka? The…
