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railway stocks: Railway stocks rally up to 12%; multibaggers IRFC, RVNL top gainers

Shares of IRFC, RVNL, Texmaco Rail and Titagarh Rail Systems surged in Tuesday s trade, hitting fresh 52-week highs. These railway stocks are rallying ahead of the Union Budget 2024. IRFC has gained 46% in the last five trading sessions and delivered 328% returns in the past 12 months. With a market cap of over Rs 1.85 lakh crore, IRFC is the largest railway stock on the Indian exchanges. RVNL, Ircon International, Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail have also outperformed the Nifty, with significant gains ranging from 135% to nearly 300%. ....

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CBI files chargesheet against ex-IRFC chairman Amitabha Banerjee

New Delhi, Jan 16 (PTI) The CBI has filed a chargesheet against former Indian Rail Finance Corporation (IRFC) chairman and managing director Amitabha Banerjee for alleged irregularities in the purchase of gift items at exorbitant prices, officials said on Tuesday. ....

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Gainers & Losers: Aster DM, Jio Financial among 5 stocks in focus on Tuesday​

Shares of Aster DM Healthcare jumped over 12% and hit a 52-week high of Rs 449.70 after the company announced a dividend from the proceeds of the sale of a majority stake in Gulf Cooperation Council business. ....

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