Railway Stocks Plunge Up to 67% from Record Highs

Some railway company stocks in India, like Jupiter Wagons, RVNL, Texmaco Rail, and IRCON International, have dropped a lot in value, up to 67% from their highest points.

This is because people are selling their shares to make a profit, and the stocks are considered too expensive.

Also, the recent budget didn't promise big spending on railways, which made investors worried.

Experts say these stocks are not doing well and might go even lower.

They advise waiting before buying more shares.