IRFC has outperformed not just Nifty50 which has given 13% returns, but has also left behind many of its peers by a huge margin, namely Ircon International (259%), RITES (42%), RailTel (106%), Texmaco (11%) and Titagarh Rail (65%). It is trailing Rail Vikas Nigam (RVNL) which has yielded 379% returns during this period.
12 stocks approaching 52-week lows amid market fluctuations
Amid overall market volatility, many stocks have experienced sharp corrections from their all-time highs. Even the headline equity indices, Nifty and Sensex, have corrected by