Budget 2023Budget 2023


  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
Budget 2023
Budget 2023

Railway stocks: On track for long-term compounding

February 19, 2020 / 05:10 PM IST
Railway stocks: On track for long-term compounding

Representative image

Highlights - Cos boast strong execution track record - Robust order book provides strong revenue visibility - Profitability to remain strong in Q4FY20 - Huge cash, almost zero debt adds to balance sheet strength - Valuations attractive supported by good dividend yield Companies in the railway engineering and construction space continue to deliver strong growth on the back of a robust order book. The companies that we are tracking in this space -- IRCON International and RITES -- have reported good growth in revenues in the first nine months of...

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers