Union Budget 2025 reduced capital expenditure to ₹10.18 lakh crore triggers significant losses in PSU stocks, particularly in railways, defense, and banking sectors.
2 min read1 Feb 2025Railway stocks fell sharply on February 1 following the Finance Minister’s Budget speech, which did not include anticipated announcements for the sector, leaving investors disappointed.
1 min read1 Feb 2025Railway stocks surged after the Economic Survey 2025 revealed significant expansion plans for Indian Railways in FY25. Key stocks like RVNL and IRCON saw increases up to 10%, reflecting growing investor confidence in infrastructure development and capital expenditure in the sector.
2 min read31 Jan 2025IRFC shares fell 1.6% after the company reported a net profit of ₹1,630 crore for Q3 FY25, a 2% increase YoY. Revenue from operations rose by 0.4% to ₹6,763 crore. The stock has declined 25% since August 2024, despite previously gaining 811% from October 2022 to July 2024.
2 min read21 Jan 2025Nifty Smallcap 100 index has fallen 4% to its lowest level since mid-June amid concerns about Q3FY25 performance. Disappointing earnings results have led to increased selling pressure, with many stocks down significantly from their 1-year highs and foreign investors pulling out funds.
2 min read13 Jan 2025Macquarie initiated coverage on IRCTC with an ’Outperform’ rating and a target price of ₹900, highlighting its monopoly in e-ticketing and catering. Despite recent negative returns, the firm sees growth potential amid India’s railway modernization efforts.
2 min read13 Jan 2025As Union Budget 2025 approaches, investors are weighing the potential of Indian railway stocks like IRCTC, IRFC, RVNL and Railtel. Could this be the right moment to jump into railway investments?
2 min read26 Dec 2024Indian PSU stocks thrived in 2024, with the BSE PSU index surging 23%. Factors like government initiatives and political stability fueled investor interest, leading to strong gains for many companies, including Rail Vikas Nigam and Cochin Shipyard.
4 min read24 Dec 2024The key differences between the two railway infrastructure companies lie in their valuations and order book inflows.
2 min read12 Dec 2024Kernex Microsystems shares hit a record high of ₹1,385, gaining 21.5% over five days. The surge follows a ₹2,041 crore order from Chittaranjan Locomotive Works for KAVACH equipment, enhancing railway safety. The stock has risen 250% in six months, with a 6,195% increase over four years.
2 min read12 Dec 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared