Why Railway Stocks Crashed Up To 10%? 3 Likely To Declare Dividend Soon

Leading railway stocks today witnessed steep decline of up to 10% in trade on February 1, 2025. These stocks are Railtel, RVNL, BEML, IRCTC, Titagarh, Concor, and Jupiter Wagons. Meanwhile, Board of Directors of three companies will hold meeting and consider declaration of interim dividend later in February. Check more details below:

RailTel Corporation of India Ltd Shares Slip Over 6%

Navratna public sector undertaking (PSU) RailTel Corporation of India Ltd shares today settled with steep fall of 6.79% to Rs 379.00 per share on Bombay Stock Exchange (BSE). However, RailTel shares soared over 9% in early trading hours but failed to sustain the momentum even after bagging 3 orders in just 1-day. The stock slipped over 8% in last 2-weeks and gained 229.2% in last 2-years. The telecom PSU slipped over 10% in last 3-months, fell over 23% in last 6-months, and fell 9.88% in last 1-year. In last 3-years, Railtel stock gained 230.86%.

Rail Vikas Nigam Ltd Shares Decline 9.03%

RVNL shares today slipped 9.03% on BSE to Rs 433.45 per share. The 52-week high price of the scrip is Rs 647.00 per share and 52-week low price is Rs 213.00 apiece. Its market cap is Rs 90,375.20 crore and ROE is 16.10%. Rail Vikas Nigam shares rallied 5.71% in last 1-week as analysts were upbeat of some announcements in Budget 2025 for railway sector. In last 6-months, the stock dived 27.19%, gained 45.67% in last 1-year, and offered return of 496.63% in last 2-years.

Titagarh Rail Systems Ltd Shares Tank 6.37%

Titagarh Rail shares dived 6.37% to Rs 954.95 apiece. The company’s market capitalisation is Rs 12,860.67 crore with ROE at 13.27%. The company operates in railway wagons industry. The stock slipped 11.76% in last 2-weeks, fell over 39% in last 6-months, and surged over 339.77% in last 2-years. In last 5-years, Titagarh Rail shares offered stunning rally of 1921.06%.

BEML Ltd Shares Tumble 4.51%

Last trading price of BEML Ltd shares declined 4.51% to Rs 3669.75 on Bombay Stock Exchange on February 1, 2025. The company informed on January 30, 2025 that its Board Of Directors will hold meeting on February 6, 2025 to consider financial results for Q3. The company will also consider declaration of interim dividend for FY 2024-25, if any. BEML will consider and approve financial results and interim dividend on Feb 6, 2024.

IRCTC Shares Dip 3.42%

Indian Railway Catering and Tourism Corporation Ltd shares fell 3.42% to settle at Rs 793.90 apiece on BSE today. The 52-week high price is Rs 1148.30 per share and 52-week low price is Rs 736.25 apiece. Its market cap is Rs 63,512.00 crore. It has a high ROE of 34.05%. IRCTC shares dipped 17.56% in last 1-year and gained 26.39% in last 2-years. The Board of IRCTC will consider financial results and 2^nd interim dividend on Feb 11, 2025. The company has set Feb 20, 2025 as record date.

Container Corporation Of India Shares Decline 3.20%

Concor shares settled at Rs 755.35 apiece with decline of 3.20% in trade today. Its market cap is Rs 46,023.05 crore and ROE is Rs 10.39%. The scrip 17.97% in last 1-year and soared 23.71% in last 2-years. The 52-week high price is Rs 1193.95 apiece and 52-week low is Rs 706.55 apiece.

Titagarh Shares Fall 6.37%

Titagarh Rail Systems shares declined 6.37% to Rs 954.95 apiece. The stock’s 52-week high price is Rs 1896.50 per share and 52-week low price is Rs 782.10 per share. The company’s market cap is Rs 12,860.67 crore with ROE at 13.27%. Titagarh Rail Systems shares fell 39.24% in last 6-months and gained 339.77% in last 2-years.

Jupiter Wagons Shares Tank 5.95%

The stock slipped over 5% to Rs 377.50 on BSE. The company’s market cap is Rs 16,024.80 crore with ROE at 14.85%. Jupiter Wagons shares registered steep decline of 22.92% in just 1-week and gained 223.06% in last 2-years.

Why Railway Stocks Declined Today?

Earlier in the day, several leading railway stocks also witnessed sharp fall after Finance Minister avoided mentioning any major announcement for the sector. Analysts were betting for a hike of up to 20% in budgetary allocation from the FM. Earlier in 2024 during the interim budget, FM Sitharaman chose to refrain from making any allocation for railway sector and that triggered a major fall in the stocks.

Disclaimer

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