How Is IRFC Expanding Beyond Railway Financing With Rs4,200 Cr Renewable Energy Push?
India, Sept. 29 -- The shares of this large cap company majorly engaged in serving as the funding arm of Indian Railways, mobilizing funds from domestic and overseas capital markets, were in focus after the company expanded beyond railway financing.
With the market capitalization of Rs. 1,01,163 Crores, the shares of Indian Railway Finance Corporation Ltd were trading at around Rs. 77.4 per share which is 43 percent discount from its 52 week high of Rs. 137 per share and is trading at a P/E of 14.1 whereas industry P/E stands at 15.4.
IRFC 2.0: Expanding Beyond Railway Financing
IRFC has made yet another move to diversify its financing operations as it enters into a Rs4,200 crore term loan agreement with Damodar Valley Corporation (DVC...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.