IRFC Share Price | Stock Market Performance and Government Companies’ Profits
The stock market has shown impressive performance over the past year, and investors have reaped significant profits not only from private companies but also from government companies’ shares. State-run railway companies and power sector companies have particularly stood out, delivering a remarkable 320% return to investors in the last year.
Current position of IRFC share
Indian Railway Finance Corporation (IRFC) opened at Rs.50.16 and closed at Rs.49.83 in the last trading session. Throughout the day, the stock reached a high of Rs 50.5 and a low of Rs 49.77. With a market capitalization of Rs 65,616.97 crore, IRFC remains a substantial player in the market.
Multibagger IRFC Share
IRFC, also known as the Indian Railway Finance Corporation, has displayed an impressive performance, offering a 154% return to investors over the last year. In the past six months alone, the stock has surged by 99%. During the Friday session, the stock closed at Rs 56.25, showcasing its potential for growth.
The stock hits a 52-week high
IRFC shares have reached a 52-week high of Rs.52.71 and a 52-week low of Rs.20.55. On Friday, a total of 4,889,774 shares were traded on the Bombay Stock Exchange (BSE), indicating significant investor interest.
Disclaimer
Investing in the stock market and mutual funds carries inherent risks, and it is advisable to consult a financial advisor before making any investment decisions. AkhandIndia.com does not assume responsibility for any financial losses incurred by individuals.
News Title: IRFC Share Price on 03 September 2023.
(Note: This news content is based on the information available at the time of writing and is subject to change.)
