From IPO to Record Highs Amid Rail Infrastructure Boom Read More>>>
Indian Railways Finance Corp (IRFC) shares skyrocketed 25% on Jan 15, hitting a record high, now up 422% from its IPO price of Rs 26
After trading at Rs 26-30 till Apr 2023, IRFC stock tripled, reaching Rs 141 on Jan 16, extending its impressive run
The government's commitment to rail sector development, injecting Rs 7 lakh crore, boosts IRFC's outlook, driving investor confidence
IRFC's status as a multi-bagger stock, more than tripling since April 2023, showcases sustained investor interest and confidence in its growth potential
The government's investment in rail infrastructure aligns with IRFC's positive trajectory, reinforcing its position as a key player in the sector