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Railway Stock: Indian Railway Finance Corporation Limited (IRFC) share price has seen a sharp rise during the last 2 days in the stock market. Shares rose 19 percent on Monday. Which was the biggest jump in the company’s stock in a single day after listing in 2021. This railway stock is running at bullet train speed even on Tuesday. Shares of the company have seen a jump of more than 13 percent today. This Indian Railways stock now has a great opportunity to create a record.
This railway stock has outperformed all in terms of returns
Investors also prospered on Tuesday
Monday’s bullishness will continue on Tuesday. Shares of IRFC (IRFC share price) on BSE on Tuesday were Rs. opened at 69.61. Which in no time Rs. reached the level of 75.72. The company is at a 52-week high. The share price of the company was at the level of Rs.72.63 around 2 pm.
Beating IRCTC (Multibagger Return)
IRFC has a market cap of Rs. 90,000 crore has been crossed. The company became more valuable than Container Corporation of India and IRCTC. IRFC currently spends around Rs. It has a market cap of Rs 95,000 crore. The company has Rs. There is a golden opportunity to cross the market cap of 1 lakh crore. If the shares do not fall prey to profit booking, the company will create history in the coming days.
This stock has been doing well for 1 year, at one time it was priced at Rs. was 91
After 2 years of sluggishness, the company picked up momentum
IRFC was listed on the stock market on January 2021. In the first two years, the listing price of the company’s shares was around Rs 26. Since March this year, IRFC’s shares have seen a rise. Once gaining momentum, IRFC never looked back. It took only one day for the company to reach a market cap of Rs 80 thousand crore to Rs 90 thousand crore.