IRFC Q3 results: The rail PSU's net profit in December 2023 quarter came at Rs 1,604 crore, down 1.78 per cent from Rs Rs 1,633 crore in the year-ago period. The quarterly results were announced after market hours.
IRFC share price: The stock surged 9.93 per cent to hit a fresh 52-week high of Rs 160.80. At this price, the scrip has gained around 60 per cent in January 2024 so far. That said, the multbagger counter has rallied over 380 per cent in a year.
PSU stocks IRFC, RVNL and Mazagon Dock surged up to 13 percent in intra-day deals on Tuesday to hit their respective new highs ahead of the 2024 Interim Union Budget.
IRFC share price: The stock surged 12.74 per cent today to hit a one-year high of Rs 146.69. At this price, the scrip has gained 46.73 per cent in six days. The multibagger counter has rallied more than 330 per cent in a year.