IRCON International share price jumped over 12%, while Rail Vikas Nigam (RVNL) share price surged over 6% on Friday despite weak trend on Dalal Street. The rally in these railway stocks came after reports that the government was considering a proposal to merge the two PSU companies. IRCON International shares rallied as much as 12.13%…
On that count, RVNL’s track record has been underwhelming. Between FY22 and FY25, revenue grew at a meager 1% CAGR to 19,923 crore, whereas EBITDA slipped at 2% CAGR to Rs 1,125 crore. Ebitda margin has eroded from 6.1% in FY22 to 5.6% in FY25 due to the less profitable competitively bid projects getting executed…
There is going to be a big change in the Indian stock market as Indian Railway Catering and Tourism Corporation i.e. IRCTC will exit the Futures and Options (F&O) segment after February 2025. The National Stock Exchange has announced that the stock will be removed from derivative trading from February 25, 2026. Source
