IRFC, RVNL, Ircon, Railtel: Railway stocks crash up to 6% — Opportunity to buy? Experts share target price, rationale
AI Summary
The recent sell-off in railway stocks presents a potential buying opportunity for retail investors, particularly in companies like Texmaco Rail, which is well-positioned in the growing metro rail sector. Despite the current bearish sentiment, the fundamentals of railway stocks remain strong, suggesting that this dip could be temporary. Investors should consider the long-term growth potential of the sector while being mindful of market volatility.
Railway stocks crash: Following the sell-off in the Indian stock market, railway stocks came under the bear's radar during Thursday's trading. Flagship railway stocks IRFC, Ircon International, Rail Vikas Nigam Limited (RVNL), Railtel Corporation, Container Corporation of India, etc., are trading in the red. Ircon shares witnessed maximum beating and crashed over 6%. However, IRCTC shares are in the green zone by a whisker.
According to stock market experts, railway stocks are falling due to negative secondary-market sentiment. These railway stocks had witnessed a volume rally on Wednesday after the weekly and monthly expiry on Tuesday. This could also be a reason for profit-booking in railway stocks, as market sentiment is turning weak on Thursday.
Original Article
Published on Livemint
Frequently Asked Questions
What is this article about?
This is a market news update from Livemint, published on 01 October 2026.
Is this news positive or negative for markets?
TopFund's automated sentiment analysis reads this article as neutral in tone, based on the language used in the report. This is a general signal, not investment advice.
Where can I read the full article?
The full article is available at the original source, Livemint — see the "Read Original Article" link on this page.