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Introduction
Talking about the Indian railways sector,as we all discussed in the previous write up we found that the Railway sector is one of the 10 sectors that are to be kept watch on in the budget that is expected very soon and so the Railway stocks that are an integral part of the sector is to be studied well and this analysis is also going to be very important because this analysis will help you in finding the best stock for investment in it. As we all know the budget is coming very soon and in that context learning about the top railway stocks that are in the market now is very important.
Top railway stocks
1. Indian Railway Catering & Tourism Corporation
Indian Railway Catering and Tourism Corporation Limited gives online ticketing,catering,and travel services. It is one of the best Railway companies in the country. The company’s main business is catering and hospitality services at stations ,on rails and at other locations. So we can always invest in their stocks. They are among the top shares of the Railways.
2.Container Corporation of India
Container Corporation of India Limited is a parent company. The company provides services of handling road and rail containers. It even manages various other services like dry ports,container freight stations and private freight terminals.
3. Indian Railway Finance Corporation
Indian Railway Finance Corporation which is also called Indian Railways financing division too. It is deemed to be one of the best railway stocks in the country. The leasing and Finance segment is how the company performs business. The section also pay attention to lending,borrowing and leading works.
Financial leasing of rolling stock assets ,the running of powered and non powered vehicles like coaches ,wagons,trucks,flats etc functions are also done by this section. Hence the stocks are mostly in profit and the budget is coming soon so you can judge the stocks accordingly.
4. Rail Vikas Nigam
Rail Vikas Nigam stocks are considered as the best stocks to invest in but currently they are seen under some losses. But there is no concern because these stocks have a positive effect on timely basis.
5. RITES Ltd.
Rites limited is a consulting and engineering firm. The company provides various services at different levels and their stocks are in demand too.
6. BEML Ltd.
The stocks in the BEML Ltd are are also a good option to invest in because these stocks are profitable in the long term. And these stocks are among the top stocks for investment in the Railway sector.
7. Titagarh Wagons
Titagarh Wagons’s stocks are also among the top stocks recommended when it comes to the best stocks for investment in Railways. The budget is expected soon and so accordingly the effects can be surely seen on these Railway stocks also.
Let us see the current market scenario of the top 5 Railway stocks.
Stock Name | Market Cap (₹ Cr.) | Current Market Price (rs) | Dividend Yield (%) | 5 yr Returns (%) |
Indian Railway Catering & Tourism Corporation | 50,204.00 | 611.85 | 2.86 | ↑203.62* |
Container Corporation of India | 39,579.76 | 641.80 | 1.07 | ↑11.1 |
Indian Railway Finance Corporation | 41,753.88 | 31.30 | 4.47 | ↑36.38** |
Rail Vikas Nigam | 15,783.60 | 73 | 2.51 | ↑178.24* |
RITES Ltd | 8,084.96 | 336.60 | 5.06 | ↑5.7* |
*3 yr return data is available. **1 yr return data is available. |
Why should we invest in railway stocks ?
1. Sustainability and Growth
Railway stocks are important because the sustainability and Growth of Railways is permanent in nature. Railways will never ever cease to operate and hence there is excellent security for Railway stocks.
2. Government control and aid
Government control and government support is one of the important reasons why people want to invest in Railway stocks.
3. Consistency and Growth
Stocks in Railways and it’s connected sectors are of a consistent nature. The stocks grow at an excellent rate and the stocks are very much at a profit rate
4. Permanent Stock Existence
Permanent Stock Existence is one the most important reasons why people invest in Railway stocks. Rail Vikas Nigam stocks being the best in the market we must always aim at such stocks because Railways are permanent in nature. The stocks in Railways are actually of a perpetual nature.
Conclusion
In this particular article we have discussed about the top 10 sectors of the railway industry in India in view of the budget that is upcoming soon. We studied about the various shares and stocks that are in profit or losses according to the current market scenario. Talking about the budget that is coming soon,the Railway section in India receives a bifurcated allocation of funds from the Centre, so it is important for all of us to learn about the sector as a whole.
The Railway sector in India is gaining much much greater importance these days. We even studied an analysis of exactly why one must invest in the Indian Railways’ stocks. So according to your own budget you can always invest in the stocks and study the impact of the Union budget on these stocks too.
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(Disclaimer: This is provided only for information purpose. Top10listweb.com does not recommend any stock to buy/sell/hold and is not registered with SEBI. Do your own research and/or consult your financial advisor before investing.)
FAQs
Why should we invest in Railway stocks ?
Railway stocks are mostly in profits because of various reasons like low operational costs,long sustainability and permanent growth. Hence Railway stocks are very nice if you want a good investment option.
Are Railway stocks always in profits ?
It is not that Railway stocks are always in profit but yes mostly railway stocks are in profit and even if the chances arise of them going into losses there is no need to worry because very soon the stocks gain momentum and come in profits again.
Which Railway Stock is the best in view of the budget that is upcoming soon ?
Rail Vikas Nigam Limited that is engaged in rail development projects is said to be one of the best railway stocks in India to invest in view of the budget 2023.
Is Railway stock safe and secured to invest in ?
Yes, absolutely Railway stocks are very safe and secured to invest in. The operational costs are very less and even the Railway sector is under a profit. So Railway stock is very safe and secured to invest in.