The shares of a Large-Cap company, specializing in the financing of rolling stock (locomotives, coaches, wagons) and railway infrastructure through leasing and lending activities, are in focus upon signing the term loan agreement to finance the thermal power and expansion projects.

With a market capitalization of Rs. 1,61,526.73 crores on Tuesday, the shares of Indian Railway Finance Corporation Ltd jumped upto 1.4 percent, making a high of Rs. 126.05 per share compared to its previous closing price of Rs. 124.25 per share.

What Happened

Indian Railway Finance Corporation Ltd, engaged in the financing of rolling stock (locomotives, coaches, wagons) and railway infrastructure through leasing and lending activities, has signed a Rs. 5,929 crore term loan agreement with Haryana Power G

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