Railway Stocks: During today’s trading session, railway stocks have seen a sharp decline. IRFC is down 3.11 percent at Rs 140.20 in the afternoon trading session, while shares of IRCON International were down 3.32 percent at Rs 206.85. The share price of RVNL, which has been a multibagger over the previous several years, dropped 3.68 percent to Rs 448.50 in the meanwhile.

about the last week, shares of IRCON International have lost about 10% of their value. Today, it was trading at a figure of Rs 206.87, around Rs 150 below its 52-week peak of Rs 351.60.

RVNL drops 200 rupees from its 52-week peak.

In contrast to its 52-week peak of Rs 647, the price of RVNL shares fell by Rs 200 to Rs 447.70. RVNL’s stock dropped from Rs 460.05 to Rs 444.10 today. Its price dropped more than 16 percent in the last month, and the shares fell more than 5 percent in the previous five trading sessions. After peaking at Rs 229, IRFC, another multibagger railway stock, dropped to Rs 140.08. The price of IRFC shares dropped by around 8% during the previous five days and by more than 12% over the previous thirty.

According to IRFC’s most recent ownership pattern, during the quarter that concluded on June 30, the number of minor shareholders—those with a share capital of up to Rs 2 lakh—rose from 50.63 lakh to 54.5 lakh. The number of retail stockholders in IRFC has quadrupled when compared year over year. According to the September 2023 ownership pattern, this amount was 26 lakh.

The share of IRFC owned by retail investors increased from 9.35% in June to 9.62% now. Mutual funds’ equity exposure has decreased; it is currently a pitiful 0.15 percent, down from 0.55% in June. The share held by foreign portfolio investors (FPIs) was steady at 1.1%.