Subscribe To Our Free Newsletter |
IRFC top gainer on the Street in September. Should you buy at current levels?
The union government is planning to seek Cabinet approval for a Rs 5.25 lakh crore investment programme during fiscal years 2024-31 to improve rail connectivity, which analysts believe will benefit the company. Despite a stellar jump in share price during the month, there were signs of profit booking among rally in railway stocks including in IRFC towards the end.