IRFC shares: Up 10% in one month but down 32% in 2026! Should you buy and hold PSU stock amid bounce back buzz? Target
New Delhi, Nov. 12 -- IRFC shares have remained under selling pressure throughout this year. However, the railway PSU stock witnessed a strong buying interest in the last one month, registering nearly 10% appreciation. This has triggered a trend-reversal buzz regarding IRFC shares.
According to stock market experts, IRFC is expected to benefit from the Capex expansion in the railway segment. They said that IRFC is in the business of credit line lending to the railway companies. Amid Capex expansion buzz, IRFC is expected to witness higher loan growth, as companies would come to IRFC for meeting the deadline of their projects. They said that IRFC share is facing resistance at Rs.90. On breaking above this resistance, the railway PSU stock...
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