6 Railway Stocks to Buy: Analysts suggest buying RVNL, IRCON, IRFC and other stocks for up to 40% gains; check out targets
Brokerage Prabhudas Lilladher issued a new railway thematic report and recommended buying six railway stocks from a mid-term perspective. These stocks include RVNL, IRCON, IRC, and others. Let's take a look at their targets and stop losses.
The railway stocks were in focus today. This is mainly because the cabinet approved eight big railway projects on Friday, August 9. These projects are worth Rs 24,660 and are expected to be completed in 2030-31.
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Prabhudas Lilladher's new railway thematic report
![Prabhudas Lilladher's new railway thematic report Prabhudas Lilladher's new railway thematic report](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311111-s1.png)
RVNL share price target
![RVNL share price target RVNL share price target](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311112-pexels-photo-6770610.jpeg)
Share price target of IRFC
![Share price target of IRFC Share price target of IRFC](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311113-s3.png)
IRCON share price target
![IRCON share price target IRCON share price target](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311114-s2.png)
Jupiter Wagons share price target
![Jupiter Wagons share price target Jupiter Wagons share price target](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311115-3.jpg)
RailTel Corporation of India share price target
![RailTel Corporation of India share price target RailTel Corporation of India share price target](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311116-m1.jpg)
Titagarh Rail Systems Share Price Target
![Titagarh Rail Systems Share Price Target Titagarh Rail Systems Share Price Target](https://cdn.zeebiz.com/sites/default/files/2024/08/12/311117-15.jpg)
The brokerage also suggests buying shares of Titagarh Rail Systems. The brokerage's target is Rs 1,740-1,890. The stop loss is Rs 1,270. This means the stock has a potential upside of up to 30 per cent from its today's closing price of Rs 1,448.6 each.
Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.