IRFC, RAILTEL, IRCON, TITAGARH, RVNL Share Prices Crack Up to 7% as Railway Stocks Today Face Heavy Selling

Railway stocks came under heavy selling pressure in Monday's session with RailTel Corporation of India Ltd (RAILTEL), Rail Vikas Nigam Ltd (RVNL), Ircon International Ltd (IRCON), Indian Railway Finance Corporation Ltd (IRFC) and Titagarh Rail Systems Ltd (TITAGARH) all witnessing sharp intraday declines.

The sell-off was seen amid broader market weakness and profit booking, with most of these stocks slipping over 5-7% by early afternoon.

RailTel Share Price Today

Shares of RailTel Corporation of India Ltd declined sharply in intraday trade. On the NSE, RailTel was trading at Rs 292.25, down Rs 21.40 or 6.82% around 1:54 pm. The stock opened at Rs 295.95, touched an intraday high of Rs 303.05, and slipped to a low of Rs 291.50.

RVNL Share Price Today

Similarly, Rail Vikas Nigam Ltd also remained under heavy pressure. RVNL shares were trading at Rs 296.25, down Rs 20.10 or 6.35% at around 1:56 pm. The stock opened slightly higher at Rs 295.80, hit a day's high of Rs 307.95, but failed to sustain momentum and slipped to an intraday low of Rs 295.20.

IRCON Share Price Today

At around 2:00 pm, Ircon shares were quoted at Rs 134.86, down Rs 8.75 or 6.09% on NSE. The stock opened at Rs 136.00, climbed to an intraday high of Rs 140.60, and later touched a low of Rs 134.57.

IRFC Share Price Today

Shares of railway financier Indian Railway Finance Corporation Ltd also witnessed notable losses. IRFC on NSE was trading at Rs 97.78, lower by Rs 5.77 or 5.57% around 2:01 pm. The stock opened at Rs 97.50, moved up to a high of Rs 101.35, and slipped to a low of Rs 97.20 as sentiment weakened.

Titagarh Rail Share Price Today

Rail equipment manufacturer Titagarh Rail Systems Ltd was not spared either. The stock was trading at Rs 663.20, down Rs 37.75 or 5.39% at around 2:02 pm. Titagarh opened at Rs 665.20, surged to an intraday high of Rs 689.15, but later dropped to a low of Rs 660.00.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.