IRFC, RVNL to Ircon: These five multibagger railway stocks give up to 190% return in YTD. Is more sheen left?

livemint.com:

Multibagger stock: Railway stocks have been in uptrend in recent sessions. In last five sessions, Indian Railway Finance Corporation or IRFC share price has risen over 20 per cent whereas RVNL share price surged over 17 per cent in this time. RailTel share price went up around 3 per cent in this time.

Howerver, it was Ircon share price rally, which won the limelight in last five session as it delivered over 25 per cent return in this time. For more information, railway stocks have been in uptrend after ushering in 2023. Infact, a good number of railway stocks have delivered multibagger return to its positional investors in YTD time.

Here we list out top five railway stocks and their return in 2023: 1] Ircon International: This railway stock is one of the multibagger stocks that Indian stock market has delivered in year-to-date (YTD) time. In YTD time, Ircon share price has surged from around ₹60 to ₹174 apiece levels on NSE, logging near 190 per cent in 2023. In last six months, Ircon share price has risen from near 52 to ₹174 apiece levels on NSE, delivering two bagger return to its positional investors after logging to the tune of 235 per cent rally in this time.

2] IRFC: This railway stock has risen from near ₹33 to ₹92 apiece levels in YTD time, delivering close to 180 per cent return to its long term investors in 2023. In last six months, it has risen from ₹27.50 to ₹92 apiece levels on NSE, logging near 235 per cent rise in this time. So, this is also one of the multibagger stocks, which Indian stock market has produced in 2023.