Mutual Funds sell RVNL, buy two other rail stocks in June ahead of Budget

Motilal Oswal sold 64.81 lakh shares in RVNL, according to a note from Nuvama Institutional Equities. The stock is gaining attention with just a week until the Union Budget 2024. It has delivered multibagger returns of 421% over the past 12 months and an impressive 242% return so far in 2024.