Key Points
Fuelled by the government's spending spree, shares of railway companies have been firing on all cylinders for the past year.. 10 stocks from the sector have turned multibaggers since last year's Budget on February 1..
IRFC, Ircon, Texmaco Rail & Engineering, Oriental Rail Infrastructure, Jupiter Wagons, and Railtel Corporation Of India have tripled investors' money, rising between 209-367%...
The government's focus on this sector, with fresh capital infusion, dedicated freight corridors, the launch of new Vande Bharat trains and other high-speed projects, laying new tracks, and redevelopment of stations has benefitted companies like IRFC, IRCON, Texmaco, and Titagarh Wagons, thereby fuelling the surge in their shares...
Shares of Jupiter Wagons have given multibagger returns for the last three years, whereas laggards of the past, Oriental Rail, IRCTC, BEML, and Railtel Corp which gave negative or flat returns two years back also witnessed a remarkable surge in the range of 51-368%...
"With a growing order book, a healthy order pipeline, and strong government focus, there can be an upside to revenue growth assumptions," the brokerage said while listing Titagarh Rail Systems, RITES, and IRCON as its top bets from the sector...
You might be interested in
These 19 smallcap multibaggers saw double-digit growth in both revenue, EBITDA in Q2
27, Nov, 23The list of 35 companies include names such as Olectra Greentech, RateGain Travel Technologies, Titagarh Rail Systems, KPIT Technologies, Thomas Cook, Prestige Estates Projects, Ramky Infrastructure, Skipper, Jupiter Wagons, all of which are part of the S&P BSE Smallcap index. The list also includes midcap names such as Trent, Adani Power, Adani Green Energy, Infibeam Avenues, Oberoi Realty, and Hindustan Copper, all of whom have seen strong earnings growth and have given double-digit returns so far in 2023.
New-age tech companies beat odds to regain one-third of market capitalisation
23, Jun, 23Paytm, Zomato, Policybazaar, CarTrade, Delhivery script big comeback
How consistent growth can fuel high returns
17, May, 23Companies that consistently deliver high profit growth have the potential to generate large stock price returns for investors, with the regularity of growth often under-appreciated. A simple exercise using BSE 500 companies reveals that only a few firms can deliver high profit growth regularly, with a marked reduction in the number of qualifying firms with each additional year of minimum profit growth requirement. The pool of these few companies is better rewarded by markets over a long-time horizon than the overall basket.
Jewels in govt crown give returns of up to 500% on OFS bets
20, Oct, 23OFS in state firms returned between 25 and 500% in 11 companies of the 17 in which New Delhi chose this route to dilute ownership. Only one offer is presently trading below OFS price.
Delhi Budget push: Cleaning Yamuna, clearing landfills in 2 years
18, Mar, 23Infrastructure projects in the city are supposed to receive the biggest outlay for capital expenditure as compared to the last eight years of the AAP government in this year’s budget.
Global headwinds to deeply impact IT revenue growth in FY24, says CRISIL
31, Mar, 23Global macroeconomic and financial sector headwinds are set to take a deep toll on the domestic IT companies’ revenue growth in FY24, according to a CRISIL report
IRFC shares hit all-time high, up 600% from 52-week low. Will dream run continue?
20, Jan, 24IRFC shares have been on a dream run over the past few sessions, and the stock has surged nearly 600 per cent from its 52-week low of Rs 25.45 on March 28, 2023. Will IRFC's dream run conitnue?
Indiamart Intermesh: Jefferies initiates coverage with 'buy' rating, sees 26% upside – 6 key reasons why
14, Feb, 24Jefferies expects Indiamart to have strong revenue growth driven by the rise in digital penetration among SMEs and reasonable valuations. The brokerage forecasts a 19% compound CAGR over FY24–26E.
Analysis-Wall Street hunts for more AI gold after Nvidia’s soaring rally
01, Mar, 24By Lewis Krauskopf NEW YORK (Reuters) - Money managers are scrambling to cash in on the stock market’s interest in artificial intelligence, as a stunning rally by Nvidia sparks a search for other
Smallcap index gave 70% return this year. Will it be a repeat performance in FY25? Chakri Lokapriya answer
28, Mar, 24Chakri Lokapriya anticipates a strong year with robust fundamentals in new sectors. Smallcap index saw a 70% return. Focus on investors, traders, NBFCs, auto sector players like Maruti and TVS Motors, and companies like Shriram Finance, SBI, VIP and Safari. Also, Lokapriya says we will continue to hold on to Indian Hotels, Chalet Hotels, Lemon Tree, Thomas Cook.