Railway PSU stocks derailed! RVNL, IRFC, IRCON, RITES to IRCTC down 40% in yr- What went wrong? Experts explain
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Railway PSU stocks like RVNL, IRFC, IRCON, RITES, and IRCTC fell up to 40% over the past year.
- ✓Tushar Badjate said, "This is a valuation correction first and an earnings correction second." Investors got worried as margins dropped and growth slowed.
- ✓These companies now face tough competition while executing their orders.
Story at a Glance
- Category
- MARKET
- Reported By
- Livemint
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Railway PSU stocks: Top railway public sector undertaking stocks, including Rail Vikas Nigam Limited, Indian Railways Finance Corporation (IRFC), IRCON International, RITES, to Indian Railway Catering and Tourism Corporation (IRCTC), have seen a sharp decline of up to 40% over the past year.
The steep correction has left investors wondering what went wrong and whether the worst is over. Let’s understand from experts, along with their take on railway PSU stocks outlook.
RVNL, IRFC, IRCON, RITES to IRCTC: What went wrong with railway PSU stocks?
The decline in railway PSU stocks is more of a correction after decades of rally, according to Tushar Badjate, Director of Badjate Stock & shares Pvt Ltd.
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