Explained: Why IRFC shares gained over 7% to hit 52-week high today

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Key Points

Shares of IRFC were trading 7.19 per cent higher at over Rs 156 apiece on the Bombay Stock Exchange (BSE) at around 11:10 am..

In early trade, shares of the company jumped to Rs 157.60 to hit a fresh 52-week high.. ...

Indian Railway Finance Corporation (IRFC) continued its dream run on the stock market as its shares rose to a fresh 52-week high on Friday...

It may be noted that in the Union Budget 2023-24 saw the capital outlay for the Indian Railways increase to Rs 2.40 lakh crore, up almost 75 per cent...

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