IRFC shares can move back to ₹180 if it closes above this level: Analyst
Wed, Nov 6, 2024 1:07 PM

IRFC shares can move back to ₹180 if it closes above this level: Analyst

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Shares of state-run Indian Railways Finance Corporation (IRFC) Ltd. have cooled off by 33% from their highs of ₹229 that they had hit on July 15, 2024. The stock has remained out of the spotlight after the stellar moves it saw through 2023 and the start of 2024. IRFC saw a gradual correction from its highs of ₹230 but found support around the ₹135 level, from which it saw a pullback.

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