IRFC Shares Surge: Railway PSU to Fund Rs 3,167 Crore Jharkhand Mine Project
2025-01-15
Business Today on MSN.com
IRFC shares saw a significant 6.16% rise, closing at Rs 136.35 on NSE, despite falling 41% from its 52-week high of Rs 229.05. This has resulted in a one-year return of 4.8%. As a railway PSU, IRFC's financing of the Rs 3,167 crore Jharkhand mine project is expected to boost its growth, with investors eyeing the stock's potential for recovery in the Indian stock market and railway sector, including railway finance and infrastructure development.
