Railway PSU stocks in free fall; IRCTC, RVNL down up to 30% from this year
Tue, Feb 13, 2024 1:39 PM

Railway PSU stocks in free fall; IRCTC, RVNL down up to 30% from this year

A Flip by Avya Verma
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Key railway stocks have seen a correction of as much as 30 percent from their recent highs, including yesterday’s steep fall in PSU stocks. The crackdown in railway stocks is because of execution not keeping pace with growth expectations and fears of a slowdown in order inflows ahead of elections, said analysts. Multiple factors behind fall in railways stocks.

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