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IRFC shares rose 7% intraday, overbought on charts; here are short-term targets

Multibagger stock: IRFC stock zoomed 7.22% to Rs 173.14 against the previous close of Rs 161.48 on BSE. Market cap of the firm climbed to Rs 2.25 lakh crore on BSE.



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IRFC shares slip 18% from record high, log highest turnover

Multibagger stock: IRFC stock hit a record high of Rs 192.80 in early trade today. However, it fell to an intraday low of Rs 158.80, losing 17.63% from its all-time high in the afternoon session today.

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IRFC shares rise 44% in a month, approach record high; can the rally continue?

IRFC shares, which closed at Rs 33.37 on July 6 rose to an intraday high of Rs 48.25, clocking 44.59% returns on BSE. The railway stock also approached its all-time high of Rs 48.29, reached on August 4 this year.

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IRFC share lists at 4% discount to issue price- Business News


IRFC share lists at 4% discount to issue price
IRFC share allotment was finalised on January 25. Government's stakeholding reduced to 86% from 100% post the IPO. Most brokerages have given IRFC subscribe rating, especially for the long term
BusinessToday.In | January 29, 2021 | Updated 11:46 IST
Set up in 1986, IRFC- a dedicated market borrowing arm of the Indian Railways, became the first NBFC from the PSU sector that went public today
Shares of Indian Railway Finance Corporation (IRFC) listed at a 4% discount from its issue price at Rs 24.90 on NSE today.
IRFC share made its debut at Rs 25 on BSE, declining 3.85% apiece.
The initial public offer (IPO) of the company that was open between January 18-20, 2021, at a price band of Rs 25-26 per share, was subscribed nearly 3.5 times. It received bids for 432 crore shares against the issue size of 124.75 crore. Ahead of the IPO, IRFC had raised about Rs 1,400 crore from anchor investors.

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Indian Railway Finance Corporation IPO Subscribed 25%, Employee Portion Fully Booked On Day 1

Indian Railway Finance Corporation IPO Subscribed 25%, Employee Portion Fully Booked On Day 1
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