New Delhi, May 20 -- After a strong rally in recent sessions, most railway stocks saw profit booking during intraday trade on the NSE on Tuesday, May 20, slipping 1-5 per cent.

Shares of Titagarh Rail Systems and RailTel declined over 5 per cent each on the NSE, while those of Ircon International fell nearly 5 per cent. Shares of BEML dropped over 4 per cent, while RVNL and IRFC share price declined 4 per cent and 3 per cent, respectively. Texmaco Rail & Engineering (down 3 per cent), Concor (down 2 per cent) and IRCTC (down 1 per cent) also traded lower.

Railway stocks have seen solid gains in the recent past. With stocks witnessing profit booking, investors face classic questions- is it an opportunity to buy railway stocks?

As tensio...