Railway Stocks: IRFC, RVNL, IRCON International And IRCTC Plunge Up To 45% From Record Highs After Recent Correction

Railway Stocks:  In the recent crash in the domestic stock market a lot of quality stocks, have consistently given decent returns to their investors many of them have been multi-multi-baggers, and have suffered drastic losses. It includes the railway stocks as well. Stocks like Rail Vikas Nigam Limited (RVNL), Ircon International, and IRFC have taken a sharp plunge. Currently, RVNL's share price trades 35 per cent lower from its all-time high of Rs 622 per share on the NSE. While IRFC's share price has seen a correction of around 40 per cent against its lifetime high of Rs 229 per share. The share price of IRCON International is trading 45 per cent lower as compared to its record high during the trading session on Thursday. Likewise, The shares of IRCTC have plunged up to 30 per cent from their record-high level.

In the last 30 days, the Railway Stocks have been on downward trends as shares of the majority of companies traded in negative territory.

RVNL

In the last 30 days, the shares of Rail Vikas Nigam Limited (RVNL) have plunged over 11 per cent. While in the last 5 trading sessions, RVNL's share price fell over 2.5%, while, it closed kind of flat on Thursday. On 15 October last month, the stock was at the level of Rs 474.20 per share, on November 14, it closed at 422.0 per share, which means RVNL shares have fallen 11% in the last 30 days.

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IRFC

In the last 30 trading sessions, the share price of IRFC drifted over 7 per cent. While in the last 5 trading sessions, shares of IRFC fell over 4.3%. On 15 October last month, the stock was at the level of Rs 151.10 per share, on November 14, it closed at 139.98 per share, which means RVNL shares plunged 7.36 per cent in the last 30 days.

IRCTC

IRCTC Share Price tumbled over 10.5% in the last 30 days, while in the last 5 trading sessions, the IRCTC stock plunged over 3.5%. On October 15, the shares were trading at the level of Rs 895.30 per share and now, the stock closed at Rs 801.20 per share on November 14, filling 10.51%.

IRCON International

IRCON International Share Price tumbled over 13.5% in the last 30 days, while in the last 5 trading sessions, the IRCON stock plunged over 4.20%. On October 15, the shares were at the level of Rs 222.07 per share and now, the stock closed at Rs 192 per share on November 14, filling 13.54%.

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Disclaimer: This is only a piece of news on recent performances of stocks. Jagran does not advise investing, please take expert opinion before investing.