IRFC Shares Surge: Railway PSU to Fund Rs 3,167 Crore Jharkhand Mine Project
2025-01-15
Business Today on MSN.com
IRFC shares have gained significant attention today, rising 6.16 per cent to Rs 136.35 on NSE. Despite a 41 per cent drop from its 52-week high of Rs 229.05, the stock has still managed to yield a one-year return of 4.8 per cent. As a key railway PSU, IRFC's financing of the Rs 3,167 crore Jharkhand mine project is expected to drive growth and potentially impact the stock's performance in the Indian stock market, with possible implications for investors and the mining industry, including coal mining and infrastructure development.
