Railway stocks like IRFC, RVNL, Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering surged up to 19% ahead of Budget 2024. IRFC shares reached an all-time high of Rs 134.5 and have seen significant growth in the past month, six months, and two years. RVNL shares also hit a 52-week high of Rs 230.6 and have experienced growth. Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering also saw an increase in stock prices.
Like cricket, new crop of entrepreneurs coming from small towns; focus on domestic stories and bottom-up stock ideas: Nilesh Shah
Nilesh Shah of Kotak AMC emphasizes focusing on resilient companies with reasonable valuations amidst global uncertainties. He highlights India’s strong IPO pipeline driven by entrepreneurs
August 11, 2025