IRFC reaches a new high with MCap exceeding 1, 10, 000 Crore.
It is now the 2nd highest NBFC as regards to Mcap after Bajaj Finance.
It has over taken biggies like Chola, Shriram, Muthoot , L&T finance , M& M finance ,
Poonawalla etc
It is Euphoric now - it is frothy for a NBFC like IRFC. One should exercise caution for fresh entry. one can wait for OFS.
Booked profit as it has already given me 3x returns.
Discl : It is not a buy or sell recommendation. please do your own assessment before investment
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