IRFC 28% rise within 2 days
It may not be advisable to board a running train at this high speed.
In spite of the fact that the Govt has already declared its intention of divesting 11% through an OFS, the share is still rising and MCap has gone up now it is more than Shri Ram finance and M & M finance and many others.
The OFS may now be executed any time as the Govt would like to avail this high stock price.
And depending upon the OFS price , we may get an opportunity for entry. Market would give an opportunity.
discl: Holding stock from lower level as a part of my railway basket . please do your own assessment before putting you money
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