Railway firm stocks plummeted up to 13%, as election trends diverged from exit polls. Rail Vikas Nigam dropped nearly 13%, with Ircon International down by 12%. Other firms like RailTel, IRFC, Texmaco, and IRCTC fell 6-10%. Titagarh Rail Systems and Jupiter Wagons also saw declines. Early data showed the BJP-led NDA leading in 289 seats, contrary to exit polls projecting over 370 seats.
Waaree Energies IPO opens on Monday. Price band, GMP among 10 things to know before subscribing
Market analysts report that Waaree Energies’ current GMP stands at Rs 1,340, reflecting an 89% premium to the issue price. The offering consists of a