Shares of multibagger Jupiter Wagons Ltd have outperformed other railway stocks in the last six months. Jupiter Wagons stock has surged 253% in the last six months. The railway sector stock, which closed at Rs 89.86 on March 27, 2023 rose to Rs 317.60 on the BSE on September 27, 2023, delivering 253% returns to investors. On the other hand, Titagarh Rail Systems shares zoomed 223% and Texmaco Rail stock gained 208% since March 27.
Multibagger stocks: The list included TRIL, Jai Balaji Industries, Ashapura Minechem, Responsive Industries, CPCL, RVNL, Rane (Madras), IRCON International and Prakash Industries, among others.
SAIL will turn ex-dividend on Wednesday. The state-run company had announced a final dividend of Re 0.50 per share. Wednesday would also be the record date for the purpose of determining eligible SAIL shareholders.
Shares of Indian Railway Finance Corporation Ltd (IRFC) zoomed 154 per cent in 2023 so far, Ircon International Ltd soared 152 per cent while Rail Vikas Nigam Ltd surged 148.57 per cent during the same period.
Multibagger Stocks: Railway stocks have been in an uptrend in 2023. Shares of railways-linked companies such as IRFC, RVNL, RailTel, Jupiter Wagons, and others have delivered multibagger returns to investors. Watch this Visual Story to check multibagger railway stocks that have zoomed up to 260% so far in 2023.