{"id":102022,"date":"2023-04-24T13:06:00","date_gmt":"2023-04-24T07:36:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=102022"},"modified":"2023-04-24T13:04:12","modified_gmt":"2023-04-24T07:34:12","slug":"2-railway-stocks-jump-more-than-8-and-hit-a-new-52-week-high-do-you-hold-any","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-railway-stocks-jump-more-than-8-and-hit-a-new-52-week-high-do-you-hold-any\/","title":{"rendered":"2 Railway Stocks jump more than 8% and hit a new 52 week high; Do you hold any?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-29305139\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Domestic indices opened the week on a higher note. The NSE Nifty 50 jumped 40.25 points or 0.23% to 17,664.3 levels while the BSE Sensex surged 146.74 points or 0.25% to 59,801.80. Going with the positive trends in the market, the Indian railway stocks also shined in the early hours of Monday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2025384471\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Here are 2 railway stocks that have gained up to 8% on Monday:<\/p><h4 class=\"wp-block-heading\" id=\"h-ircon-international-limited\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/IRCON\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Ircon International Limited<\/a><\/strong><\/h4><p>The shares of&nbsp; Ircon International Ltd opened at Rs 65 levels and gained as much as 8% in the early hours to reach a 52-week high of Rs 69.95. The gain can be attributed to the high volumes on the exchanges. The stock has jumped approximately 14 percent in the past 5 days and gained around 58 percent in the span of six months.<\/p><p>Ircon International, or Indian Railway Construction International Limited, is an Indian engineering &amp; construction corporation, specializing in transport infrastructure.<\/p><div class=\"trade-content_5\" id=\"trade-412827019\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The small-cap company has a market capitalization of Rs 6,357 Crore and a dividend yield of 3.69 percent. As of December 2022, the company\u2019s total revenue stood at Rs 2,346.51 Crore and its net profits were Rs 199.03 Crore.<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RVNL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Rail Vikas Nigam Limited<\/a><\/strong><\/h4><p>The shares of&nbsp; Rail Vikas Nigam Ltd (RVNL) opened at Rs 77.50 levels only to gain almost 8 percent and reach a 52-week high of Rs 84.75. The scrip jumped after the company along with its consortium with Siemens Ltd bagged two orders from Gujarat Metro Rail Corporation.<\/p><p>The stock has logged a multibagger return of 110 percent in the past six months on the back of a strong order book. During the period, the company has received multiple orders that include the production of 120 advanced Vande Bharat Express trains by August 2023.<\/p><p>Rail Vikas Nigam Limited (RVNL), a Mini-Ratna CPSE is engaged in the business of implementing rail infrastructure projects assigned by the Ministry of Railways, including doubling, gauge conversion, new lines, electrification, major bridges, workshops, production units, and sharing freight revenue with the railways.<\/p><h4 class=\"wp-block-heading\"><strong>Other Railway Stocks <\/strong><\/h4><p>Along with these, the other two railway stocks also gained more than 5 percent. <a href=\"https:\/\/portal.tradebrains.in\/stock\/RAILTEL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Railtel Corporation of India Ltd<\/a> was trading 5 percent higher at Rs 109 levels till the afternoon after reaching an intraday high of Rs 110.65 in the early hours.<\/p><p>Further, the shares of the <a href=\"https:\/\/portal.tradebrains.in\/stock\/IRFC\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Indian Railway Finance Corporation<\/a> (IRFC), the financing arm of Indian railways, gained approximately 6.5 percent to reach an intra-day high of Rs 30 in the early hours.\u00a0<\/p><div class=\"trade-content-10\" id=\"trade-1084380216\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Anoushka Roy<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2578338262\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Domestic indices opened the week on a higher note. The NSE Nifty 50 jumped 40.25 points or 0.23% to 17,664.3 levels while the BSE Sensex surged 146.74 points or 0.25% to 59,801.80. Going with the positive trends in the market, the Indian railway stocks also shined in the early hours of Monday. Here are 2 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[7415,7411,7413,7412,5221,5223,5222,5780,936],"class_list":["post-102022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-railway-industry-latest-news","tag-railway-stock","tag-railway-stock-latest-news","tag-railway-stock-to-buy-in-2023","tag-railway-stocks","tag-railway-stocks-to-buy","tag-railway-stocks-to-watch","tag-railways","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2 Railway Stocks jump more than 8% and hit a new 52 week high; Do you hold any? - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/?p=102022\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2 Railway Stocks jump more than 8% and hit a new 52 week high; Do you hold any?\" \/>\n<meta property=\"og:description\" content=\"Domestic indices opened the week on a higher note. The NSE Nifty 50 jumped 40.25 points or 0.23% to 17,664.3 levels while the BSE Sensex surged 146.74 points or 0.25% to 59,801.80. Going with the positive trends in the market, the Indian railway stocks also shined in the early hours of Monday. 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