Indian Railway Finance Corporation Stock Surges 2024:Investors Alert Amidst Vigorous Resilient Market Momentum

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Indian Railway Finance Corporation (IRFC) saw a positive uptick in its stock price, rising by 2.63%. It closed at Rs. 158.05 per share 

By Fern Greenthumb January 31, 2020

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Indian Railway Finance Corporation (IRFC) share price and its performance compared to the broader market index

he significant rise in IRFC's share price compared to the broader market index like Nifty suggests that investors see promising opportunities 

Despite the lower trading volume, IRFC's share price closed at ₹150.25 at the end of the trading day

IRFC shares have been on a winning streak, marking their fifth consecutive session of gains Closing at ₹158.05 on Friday

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India's extensive railway network, spanning over 126,000 km and serving 7,335 stations, is the backbone of the nation's transportation system.

Amidst this ambitious plan, two companies stand out as prime beneficiaries: Rail Vikas Nigam Limited (RVNL) and Indian Railways Finance Corporation (IRFC).

As these companies continue to contribute to the nation's railway development, investors may find promising opportunities

IRFC assumes the critical role of the financial backbone, facilitating the procurement of funds for railway projects and leasing them to Indian Railways