IRFC fell 5.23 per cent to hit a low of Rs 93.52 on BSE, taking its year-to-date fall to 25.46 per cent. The government s looking to offload up to 26,13,70,120 IRFC shares, representing up to a 2 per ...
Rajesh Palviya of Axis Securities said investor sentiment around IRFC has been subdued for a long time, and today's decline was primarily driven by the OFS announcement.
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest ...
The government is selling up to 2 per cent stake or 26.13 crore shares in IRFC at a floor price of Rs 91/share. The OFS includes a greenshoe option of 1 per cent stake.
The government will sell up to a 2% stake in Indian Railway Finance Corporation through an Offer for Sale, as it continues an accelerated disinvestment programme across public sector enterprises.
Shares of Indian Railway Finance Corporation (IRFC) fell nearly 6 per cent on Wednesday after the government launched an offer for sale (OFS) to divest up to a 2 per cent stake in the company at a ...
IRFC share price has surged above the IPO price of Rs 26. Analysts are bullish on IRFC and have revised the target price to ...
A number of stocks are set to be in focus during the coming session on Dalal Street, including Coal India, Updater Services, ...
The Government of India has exercised the oversubscription option in the IRFC offer for sale (OFS), adding 11.24 crore shares ...
According to stock exchange data, non-retail investors bid for over 18.74 crore shares, translating into a subscription of about 1.59 times the 11.76 crore shares earmarked for institutional buyers.
The government will offload up to 2% stake in Indian Railway Finance Corporation via offer-for-sale over two days to meet public shareholding norms, with a floor price of Rs 91 per share.
The floor price represents a discount of nearly 7.8 per cent to IRFC’s closing price on Tuesday, prompting selling pressure in the stock during early trade ...