There was a big fall in the stock market during the last two trading days, due to which multibagger stocks as well as heavyweight shares fell sharply. Especially a big fall was seen in the railway shares. IRFC shares fell by 5 percent on Monday. However, due to improvement in the market today, these shares are also seeing a rise. But these railway shares have been on a decline for the last one month.
Shares of RVNL, IRCTC, Titagarh Rail System and IRFC have been trading on a decline for the last one month. These shares have declined since the budget. IRFC has fallen by 6.11 percent in a month and is trading at Rs 181.90. However, it has given a return of 294 percent in a year. On Tuesday, its shares were trading at Rs 181, up 1.33 percent.
These railway stocks also fell
Shares of Rail Vikas Nigam (RVNL) have gained only 10 percent in the last one month. While it has fallen by 8.38 percent in a week. Its all-time high level is Rs 647 and it is trading at Rs 562 on Tuesday, up 2 percent.
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IRCTC shares have fallen 9 percent to Rs 937 in the last one month. While it has decreased by 5 percent during a week. On Tuesday, its shares were trading 1.35 percent higher. Its 52-week high level is Rs 1138.
This stock lost 23% in 1 month
Shares of Titagarh Rail System, which has shown a great rise in railway shares, have fallen by 23 percent in the last one month. It has fallen by 15 percent in just one week. Its 52-week high is Rs 1896 and lowest level is Rs 610. On Tuesday, it was trading at Rs 1431, up 1.28 percent.
Amazing returns in one year!
These shares have given amazing returns in the last one year. Titagarh Rail System has given a return of 119 percent in the last one year. Talking about the shares of Rail Vikas Nigam, it has given a return of 354 percent i.e. 4.5 times in one year. On the other hand, IRCTC shares have presented a return of more than 42 percent in the last one year.
(Note- Before investing in any stock, please consult your market expert.)
Source (PTI) (NDTV) (HINDUSTANTIMES)