BusinessPhoto: Mint MarketsRailway PSU Stocks Fall 60% Despite Record FY27 Spending
Railway PSU stocks including RVNL, IRFC, IRCON, and RITES have dropped about 60% in a year. Experts attribute the decline to slowing growth, squeezed margins, and weak order conversion, not a lack of railway spending. This comes despite a record capital outlay of ₹2.93 lakh crore for FY27, indicating valuation concerns beyond government investment.
Mint Markets·




