IRFC SHARE HITS

 Indian Railway Finance Corporation (IRFC) Share Increased on Tuesday's trade.

BY ARUN             AUGUST 02, 2023

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The IRFC stock Increased  9.08% to hit the High Record of Rs 41.70.

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The Share Rised Aftre state-owned RITES signed a (MoU) with IRFC.

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As part of the MoU, RITES Will Provide advisory & Technical viability of projects.

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IRFC will Take Care Of financial services that Wich Linked With Railways

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Analysts said the MOU is positive for IRFC

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It will help the company to Develop New Buisiness Opportunity

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They also said the stock is Getting Attractive & Positive Side

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A level below 30 isknown as Oversold & value above 70 Defined Overbought.

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The company's stock has(P/E) ratio of 7.88 Against (P/B) value of 1.10.

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The scrip has an Minimum target price of Rs 32, Trendlyne data showed,

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It has a one-year beta of 0.84,

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