IRFC share price: Why is Navratna PSU stock skyrocketing? EXPLAINED

share price: Why is Navratna PSU stock skyrocketing? EXPLAINED According to stock market experts, the IRFC share price rally can be attributed to the Government of India's move to grant the company grand Navratna status. They said the GoI move would make its corporate moves a little faster as it won't require approval from the GoI for certain projects after the Navratna status grant. They said the IRFC share price has made a strong base at ₹115 apiece and may soon touch ₹140 per share.