Railway PSU stocks, Oct. 17 -- Top railway public sector undertaking stocks, including Rail Vikas Nigam Limited, Indian Railways Finance Corporation (IRFC), IRCON International, RITES, to Indian Railway Catering and Tourism Corporation (IRCTC), have seen a sharp decline of up to 40% over the past year.

The steep correction has left investors wondering what went wrong and whether the worst is over. Let's understand from experts, along with their take on railway PSU stocks outlook.

The decline in railway PSU stocks is more of a correction after decades of rally, according to Tushar Badjate, Director of Badjate Stock & shares Pvt Ltd.

"This is a valuation correction first and an earnings correction second. In 2023 and 2024, these stocks w...