Multibagger Railway stocks RVNL, IRFC, IRCON, RITES , RailTel may see up to 30% upside- Prabhudas Lilladher

Rail Vikas Nigam Ltd (RVNL) stock terms is trading adjacent to ₹284 levels. Prabhudas Lilladher has fixed a people terms of ₹315-340 with a halt nonaccomplishment astatine ₹255 for Rail Vikas Nigam Ltd (RVNL) stock price.

Rail Vikas Nigam Ltd (RVNL) stock terms has seen bully emergence from the important 50 days EMA (exponential moving average) level of 252 to summation spot and has moved past the erstwhile highest portion of 271 levels to amended the bias and further emergence is anticipated successful Rail Vikas Nigam Ltd (RVNL) stock price. The Relative Strength Index (RSI) has spiked aft the consolidation play signaling a buy. With the illustration looking attractive, Prabhudas Lilladher suggest to bargain Rail Vikas Nigam Ltd (RVNL) stock for  an upside people of 340 level for Rail Vikas Nigam Ltd (RVNL) stock terms keeping the halt nonaccomplishment of 255 level.

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Indian Railway Finance Corporation (IRFC) stock price, is  trading adjacent to ₹148 levels. Prabhudas Lilladher has fixed people terms of ₹180-195 with halt nonaccomplishment astatine ₹131.

Indian Railway Finance Corporation (IRFC) stock terms has been successful a rangebound consolidation play and erstwhile again from the level of 142 it has picked up to determination past the important 50EMA level of 141.50 improving the bias. Indian Railway Finance Corporation (IRFC) stock terms is anticipated to execute good successful the coming days. The RSI for Indian Railway Finance Corporation (IRFC) stock terms has shown betterment with a inclination reversal indicated signaling a bargain and has imaginable to transportation connected with the affirmative determination further ahead. With the illustration looking attractive, Prabhudas Lilladher suggest to bargain the Indian Railway Finance Corporation (IRFC)  for an upside people of 195 level keeping the halt nonaccomplishment of 131 level for Indian Railway Finance Corporation (IRFC) stock price.

IRCON International stock terms is trading astatine adjacent to ₹.235 Prabhudas Lilladher has fixed a people terms of ₹260-280 for IRCON International stock terms with a halt Loss astatine ₹210.

IRCON International stock terms has been consolidating with precocious enactment taken adjacent 212 portion and moving past the important 50EMA level of 220. IRCON International stock terms has shown betterment to expect for further emergence successful the coming days. 

The RSI has indicated a inclination reversal signaling a bargain and IRCON International stock terms is good placed with overmuch upside imaginable visible. Prabhudas Lilladher suggest to bargain IRCON International for an upside people of 280 level for IRCON International stock terms keeping the halt nonaccomplishment of 210 level.

Also Read- RVNL stock terms jumps 4% from intraday debased aft winning Indian Railway task worthy ₹440 crore

RITES stock Price  is trading astatine adjacent to ₹670 level. For RITES stock terms Prabhudas Lilladher has fixed a Target terms of ₹755-805 with a halt nonaccomplishment astatine ₹ 617.

RITES stock Price has indicated a higher debased enactment connected the regular illustration taking enactment adjacent 634 portion and with a pullback witnessed has conscionable moved past the 50EMA portion of 673 to amended the bias anticipating for further emergence successful RITES stock Price. The RSI is good placed with upside imaginable disposable for RITES stock Price which tin propel RITES stock Price to higher targets of 760 and 805 levels successful the coming days. 

With the illustration looking good, Prabhudas Lilladher suggests to bargain and accumulate the RITES stock Price for an upside people of 805 keeping the halt nonaccomplishment of 617 level.

RailTel Corporation of India share terms is trading astatine adjacent to ₹387 levels. For RailTel Corporation of India stock terms Prabhudas Lilladher has recommended a people terms of ₹450-480 with a halt Loss astatine ₹348 

RailTel Corporation of India stock terms has made a higher bottommost enactment connected the regular illustration taking enactment adjacent 350 zone. With a pullback witnessed by RailTel Corporation of India stock terms moving past the important 50EMA portion of 378 has improved the bias anticipating for further emergence for RailTel Corporation of India stock price. The RSI is good placed indicating a inclination reversal, with upside imaginable disposable for RailTel Corporation of India stock terms which tin assistance the RailTel Corporation of India to summation further. 

With the illustration looking good, Prabhudas Lilladher suggest to bargain RailTel Corporation of India and accumulate the banal for an upside people of 480 keeping the halt nonaccomplishment of 348 level for RailTel Corporation of India stock price.

Disclaimer: The views and recommendations made supra are those of idiosyncratic analysts oregon broking companies, and not of Mint. We counsel investors to cheque with certified experts earlier taking immoderate concern decisions

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Published: 25 Apr 2024, 10:41 AM IST