Discover why IRFC, RailTel, IRCTC, Titagarh Wagons, and Jupiter Wagons share are falling recently and whether it’s a promising window for retail investors. Discover insights on their recent declines and potential investment opportunities in this analysis.
Table of Contents
Why Railway share are falling?
Railway stocks are experiencing a downturn subsequent to the announcement of the Interim Budget on February 1, 2024. Furthermore, these stocks have posted weak financial performances in Q3 quarterly results. Additionally, the current decrease in value might also be attributed to profit-taking activities by significant institutional investors or market operators. However profit booking is currently driving these stocks lower as the gained more than 100% in past few months.
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Why IRFC share is falling?
In the most recent quarterly report, the financial performance of IRFC shares reveals a decrease in net profit compared to the same period last year. Specifically, there has been a slight downturn of 1.7%, with net profit slipping from ₹1,633 crore to ₹1,604 crore during the third quarter.
Type | Dec 2023 | Dec 2022 |
---|---|---|
Sales | 6,742 | 6,218 |
Expenses | 35 | 34 |
Profit After Tax | 1,604 | 1,633 |
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Why IRCTC share is falling?
The forthcoming quarterly performance of IRCTC is anticipated to be subpar, potentially contributing to a downturn in its share price. And profit booking the railway related stock might be the reason for the share price to fall.
Why RailTel share is falling?
Recent quarterly results reported weaker growth of the company. Despite the increase in both sales and expenses, the profit after tax decreased from ₹68 crore in December 2022 to ₹62 crore in December 2023. The profit after tax decreased by approximately 8.82% from December 2022 to December 2023.
Type | Dec 2023 | Dec 2022 |
---|---|---|
Sales | 668 | 599 |
Expenses | 550 | 484 |
Profit After Tax | 62 | 68 |
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Why Titagarh Wagons share is falling?
Despite posting positive quarterly results, Titagarh Wagons is experiencing a decline attributed to profit booking within the sector. The profit booking trend in railway-related stocks could potentially contribute to the downward movement of its share price.
Why Jupiter Wagons share is falling?
Jupiter Wagons Despite the increase in both sales and expenses, the profit after tax remained relatively stagnant, with a marginal increase from ₹82 crore in September 2023 to ₹83 crore in December 2023.
Type | Dec 2023 | Sep 2023 |
---|---|---|
Sales | 896 | 879 |
Expenses | 771 | 758 |
Profit After Tax | 83 | 82 |
Should You Buy Or Avoid.
When it comes to stocks, there exists a plethora of investment strategies to explore and implement.
If you find yourself having initially invested in stocks at a higher price point, one approach is to consider averaging your position.
Identifying nearby strong support levels where the stock previously experienced a breakout could provide valuable insights. Allocating a fraction of your portfolio to invest in these instances is advisable. It’s crucial to maintain vigilance over your investments, closely monitoring price movements and adjusting your strategy accordingly based on both the ongoing price action and forthcoming quarterly results.
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