Rail stocks zoom up to 101% since interim Budget. Is there still time to board the money-making train?

July 18, 2024

Rail stocks soared post interim Budget with Nirmala Sitharaman’s increased allocations. RVNL doubled investments, raising market cap by Rs 1.6 lakh crore. Investors eye multibaggers. Analysts foresee gains from capex plans, high-speed rail, and safety upgrades.

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So, from the peak to correct around 15% kinds is I would say, but beyond that I would say then they start looking attractive again

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