Latest Updates Around The World
The Indian Railway Finance Corporation (IRFC) offer for sale (OFS) opened flat at the floor price of Rs 104, valuing the total issue at around Rs 5,436 crore through the sale of 4% equity stake.The Center has proposed to divest 2% stake in IRFC, with another 2% offered as a green shoe option. Under the […]
The government will not exercise the oversubscription option for the Indian Railway Finance Corporation (IRFC) offer for sale (OFS) after the issue was not fully subscribed on the opening day.The issue, which opened today for non-retail investors, was subscribed to 95% of the 2% shares, amounting to 26.13 crore shares. In a regulatory filing with […]
January 23, 2026 Image source: Lalam/www.istockphoto.com Indian Railway Finance Corporation (IRFC) stock has attracted a lot of attention after its quarterly results. The company appears well positioned to benefit from the rapid expansion currently taking place within the Indian Railways. The upcoming Union Budget is expected to increase capital expenditure for the Indian Railways, which […]
India’s dilapidated railway stocks are showing new signs of life. After languishing for most of 2025, the sector has recovered sharply in the past five trading sessions, adding over ₹66,500 crore in market value as investors reposition themselves ahead of the Union Budget and latch on to improving earnings signals.The recovery marks a tentative comeback […]
