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Multibagger Return: Railway Stocks Give 200% ROI In Year, 45% In Month

IRFC Share’s Return: We all must have heard from one or many big inventors or investment coaches that the share market can make anyone rich if he/she has the ability to pick the right stock and has the patience to hold their investment for a decent period of time. Like some stocks take a long […]

Edited By : Aditya Singh | Updated: Sep 4, 2023 19:30 IST
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IRFC's Shares Return

IRFC Share’s Return: We all must have heard from one or many big inventors or investment coaches that the share market can make anyone rich if he/she has the ability to pick the right stock and has the patience to hold their investment for a decent period of time. Like some stocks take a long time to multiply investors’ money, some shares do it in a short span of time too. But, to pick these kinds of stocks, one should always be aware of the trends going on in the Indian Stock Market. 

Today, we would like to introduce you to a similar stock -Indian Railway Finance Corporation (IRFC)- which has been showing an upward trend in the last 12 months. It has given around 50 percent return in the last one month. The shares have crossed many 52-week high marks and have witnessed upper circuits almost every month.

19.64% hike in Single Day

On Monday, IRFC shares showed a tremendous hike in a single trading day as it closed with a jump of 19.64 percent. The stock opened at 57.70 and went up to 66.90 during the business. It closed with Rs 10.95 (19.64%) at Rs 66.70. 

45.59% Return In a Month

On August 7, IRFC’s shares were at the level of  Rs 46.20 and Today it closed at the level of 66.70. That means the stock gave a whopping 45.59 percent of return in the last 28 days.

200% Return in One Year

The Shares gave a multi-bagger return in the last year. On September 05, 2022, the shares of IRFC were at the level of Rs 22.75 and on Monday ( September 04, 2023) it closed at the level of Rs 66.70. It has given a tremendous 202.71% return in the period. 

IRFC’s current, 52 week high is 66.90, and its current 52 Week Low is  20.80

Also Read: Jio Financial Service Shares Show Upward Trend;  Goes 21% High In 5 Days

First published on: Sep 04, 2023 07:27 PM IST

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