Indian Railway Finance Corporation Limited (IRFC) shares experienced a strong surge, resulting in a significant market cap gain. As of the latest trading session, IRFC’s stock rose by 4.45%, reaching ₹149.91 from the previous close of ₹143.53. This increase in share price has added approximately ₹8,708 crore to the company’s market capitalization, bringing its total market cap to around ₹1,95,910 crore.
This notable jump in market cap reflects positive investor sentiment around IRFC, a key financial arm dedicated to funding Indian Railway projects. The stock’s steady performance has attracted considerable interest, further strengthening IRFC’s position within the financial sector.
IRFC’s latest market cap boost underscores its growing influence in the public sector, driven by its strategic role in supporting the country’s rail infrastructure expansion.
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