New Delhi, April 2 -- Railway PSU stocks, including Indian Railway Finance Corporation (IRFC), RailTel Corporation of India, and Rail Vikas Nigam Ltd (RVNL), have undergone a significant correction from their recent peaks amid substantial selling pressure. While many railway stocks had delivered multibagger returns in the past, they are now experiencing heightened volatility, with several witnessing declines of up to 50% from their highs within a year.

IRFC share price has declined by over 46% from its 52-week high, RailTel share price has plummeted 52% from its peak, and RVNL share price has dropped 47% from its 52-week high.

The sell-off in railway PSU stocks accelerated following the Union Budget, which did not announce any major sec...