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IRFC zooms 28% in 2 days on heavy volumes;

NSE:IRFC   INDIAN RAILWAY FIN CORP L
IRFC zooms 28% in 2 days on heavy volumes; market-cap hits Rs 80,000 crore
Shares of state run financier Indian Railway Finance Corporation (IRFC) hit a record high of Rs 64.50, nearly doubled since July, from the level of Rs 32.35 on the BSE.

Shares of state run financier Indian Railway Finance Corporation (IRFC) hit a record high of Rs 64.50, as they rallied 14 per cent on the BSE in Monday’s intra-day trade on heavy volumes. In past two trading days, it zoomed 28 per cent.

Till 09:38 AM, a combined 160 million equity shares, representing nearly 1 per cent of total equity of IRFC, had changed hands on the NSE and BSE. In comparison, the S&P BSE Sensex was up 0.16 per cent at 65,493.

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