‹ All Posts
saurabh mittal

10th Jul · SEBI-Registered Analyst

Indian Railway Finance Corp Ltd headline is the government’s offer for sale

IRFC
with the stake sale reopening for non-retail investors and the floor price set around ₹91–₹91.78 per share, which also pressured the stock. Market reports say the government sold about 2% of the company in this OFS, with retail participation helping the issue get subscribed and an oversubscription option exercised as well. That makes the share-sale story the main short-term driver for IRFC news.

#WatchOutFor#StockInNews#FundamentalViews
1,048 likes·24 comments