IRFC Share Price ππ°
IRFC, or Indian Railway Finance Corporation, has seen a significant surge in its share price. The company’s shares have been steadily rising in 2023, reaching strong levels. Since its IPO listing, IRFC shares have delivered a whopping 4.5 times higher return to its investors.
Impressive Returns β¨
Over the past 10 months, IRFC shares have provided its investors with a remarkable return of over 350%. This Monday, during the trading session, IRFC shares were trading at Rs. 128 with a 13% surge. On Tuesday, January 16, 2024, the share price rose by 10.34% to reach Rs. 143.55. And on Wednesday, January 17, 2024, the share price further increased by 3.69% to trade at Rs. 147.
Outperforming Competitors πͺ
When compared to other financial companies like Bajaj Finance, Bajaj Finserv, Jio Financial Services, and Power Finance Corporation, IRFC shares have emerged as star performers. In the past year, IRFC shares have delivered a remarkable return of 242.54% to its investors. In contrast, Bajaj Finance shares have seen a growth of only 27.35% over the same period. Bajaj Finserv recorded a net profit growth of 19.31% in the past year, while Jio Financial’s shares increased by 1.37%. Power Finance Corporation shares have provided its investors with an impressive return of 233.83%.
A Steady Rise π
On March 28, 2023, IRFC shares were trading at Rs. 25.45, their lowest level in the past 52 weeks. However, the share price has now surged by approximately 348%. If you had invested Rs. 100,000 in IRFC shares at that time, the value of your investment would have reached around Rs. 348,000 in less than 10 months.
Recent Performance π₯
In the past six months alone, IRFC shares have provided its investors with a staggering return of 250%. Currently, the company’s shares are trading nearly 10% higher. The present scenario indicates a new breakout for IRFC shares. If you are looking for a lucrative investment opportunity, consider investing in IRFC shares.
So, hop on the IRFC train and enjoy the ride to profitable returns! ππ°
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
