Indian Railway Finance Corporation Limited, a dedicated financing arm for the Indian Railways, witnessed a surge in its share price during Thursday’s trading session (March 7th, 2024). The stock opened at ₹141.35, higher than the previous close of ₹140.50. Riding on bullish investor sentiment, IRFC’s shares climbed to an intraday high of ₹144.40 before facing some profit-booking, leading to an intraday low of ₹139.65.
However, the stock managed to regain momentum and closed the session at ₹143.70, up ₹3.20 from its previous close. The trading activity was robust, with 24,018,294 shares exchanging hands, amounting to a traded value of ₹34,514.29 lacs. IRFC’s total market capitalization stood at ₹187,794 crore today.
