Shares of Indian Railway Finance Corporation (IRFC), a dedicated financing arm of the Indian Railways, will be listed on BSE and NSE on Friday. According to multiple reports, IRFC is losing sheen in grey market, as the premium has since fizzled out. The IRFC listing price will not go beyond Rs 30-31. Dealers are blaming sour sentiments in broader market and uncertainty ahead of the budget for this.
Shares of Indian Railway Finance Corporation (IRFC), a dedicated financing arm of the Indian Railways, will be listed on BSE and NSE on Friday. According to multiple reports, IRFC is losing sheen in grey market, as the premium has since fizzled out. The IRFC listing price will not go beyond Rs 30-31. Dealers are blaming sour sentiments in broader market and uncertainty ahead of the budget for this. January 29, 2021 at 08:21AM https://ift.tt/2NNvQmf
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