Public Sector Undertaking railway stocks are currently trading at significant discounts, with some falling by up to 60% from their 52-week highs. This decline reflects market corrections and concerns over performance metrics. Investors may find opportunities in these undervalued stocks, but thorough analysis is essential to analyze potential risks and rewards.
1. Rail Vikas Nigam
Rail Vikas Nigam Limited is an Indian public sector enterprise functioning as the construction arm of the Ministry of Railways. They focus on implementing various railway infrastructure projects, and others.
With a market capitalization of Rs. 94,805 Crores, the shares of RVNL Limited trading at Rs. 454.70 per equity share, down 4.78 percent from its previous day’s close price of Rs. 477.55.
RVNL Limited hit its 52-week high price of Rs. 647 on July 15, 2024, and Compared with its current market price of Rs. 454.7, it is trading at a discount of 42 percent.
Its Revenue from operations fell by 25.37 percent from Rs. 5,446 Crores in Q1FY24 to Rs. 4,064 Crores in Q1FY25, accompanied by profits of Rs. 334 Crores to Rs. 218 Crores.
2. Titagarh Rail Systems
Titagarh Rail Systems Limited is into manufacturing rolling stock, including freight wagons, passenger coaches, and metro trains serving both domestic and international markets.
With a market capitalization of Rs. 16,017 Crores, the shares of Titagarh Rail Systems Limited trading at Rs. 1,189.35 per equity share, down 1.16 percent from its previous day’s close price of Rs. 1,203.25.
Titagrah Rail Systems Limited hit its 52-week high price of Rs. 1,896.50 on June 27, 2024 and Compared with its current market price of Rs. 1,189, it is trading at a discount of 60 percent.
Its Revenue from operations grew by 13.04 percent from Rs. 935 Crores in Q2FY24 to Rs. 1,057 Crores in Q2FY25, accompanied by profits of Rs. 71 Crores to Rs. 81 Crores.
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3. Jupiter Wagons
Jupiter Wagons Limited is an Indian manufacturer specializing in railway wagons and components. They produce various products, including freight wagons, passenger coaches, and alloy steel castings.
With a market capitalization of Rs. 21,320 Crores, the shares of Jupiter Wagons Limited trading at Rs. 502.25 per equity share, down 1.5 percent from its previous day’s close price of Rs. 509.90.
Jupiter Wagons Limited hit its 52-week high price of Rs. 748.05 on July 5, 2024, and Compared with its current market price of Rs. 502.25, it is trading at a discount of 49 percent.
Its Revenue from operations grew by 18.85 percent from Rs. 753 Crores in Q1FY24 to Rs. 895 Crores in Q1FY25, accompanied by profits of Rs. 64 Crores to Rs. 89 Crores.
4. IRCTC
IRCTC (Indian Railway Catering and Tourism Corporation) is a public sector undertaking that is the official online portal for train ticketing, catering, and tourism services in India.
With a market capitalization of Rs. 67,296 Crores, the shares of IRCTC Limited trading at Rs. 841.20 per equity share, down 0.31 percent from its previous day’s close price of Rs. 843.85.
IRCTC Limited hit its 52-week high price of Rs. 1,148.30 on May 22, 2024, and Compared with its current market price of Rs. 841.20, it is trading at a discount of 36 percent.
Its Revenue from operations grew by 7.25 percent from Rs. 992 Crores in Q2FY24 to
Rs. 1,064 Crores in Q2FY25, accompanied by profits of Rs. 295 Crores to Rs. 308 Crores.
Written by: Santhosh S
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