This PSU stock has risen 240% in six months; market capitalization approaching Rs 1.5 trillion

Shares of Indian Railway Finance Corporation (IRFC) touched a new high of Rs 112.90 while rising 6 percent on the BSE during Friday’s intraday trade amid heavy volumes.

As many as 92.89 million shares of IRFC changed in the first hour of trading on the NSE and BSE. In the past 10 trading days, an average of almost 100 million shares were traded on the counter.

In the last one month, the market price of IRFC has increased by 36 percent. Over the past six months the shares of the state-owned financial institution

First print: January 12, 2024 | 11:04 am IST