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Railway stocks jump up to 11%; RailTel, Ircon top gainers

Shares of IRFC, RVNL, IRCTC, and other railway stocks rallied up to 11% on Thursday. Among them, RailTel Corporation was the top gainer, with its quarterly profit doubling YoY. IRFC s market cap crossed Rs 2.25 lakh crore mark as its shares gained nearly 80% in the last one month. RVNL has delivered 300% returns in the past 12 months. IRCTC shares saw a 2% rise in today s intraday trading.

IRFC among 5 stocks closed below VWAP on January 23

A shift below the VWAP suggests a potential bearish trend, according to stockedge.com s technical scan data.

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