{"id":596997,"date":"2023-08-10T10:00:24","date_gmt":"2023-08-10T04:30:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=596997"},"modified":"2023-08-10T10:32:27","modified_gmt":"2023-08-10T05:02:27","slug":"irfc-marches-to-new-high-stock-zooms-38-in-a-week-on-stable-outlook-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irfc-marches-to-new-high-stock-zooms-38-in-a-week-on-stable-outlook-2\/","title":{"rendered":"IRFC marches to new high; stock zooms 38% in a week on stable outlook"},"content":{"rendered":"<p>Shares of Indian Railway Finance Corporation (IRFC) surged 8 per cent to hit a new high of Rs 48.29 on the BSE in Friday\u2019s intra-day trade on stable outlook.<\/p>\n<p>In the past one week, the stock of state-owned financial institution company has rallied 38 per cent, as against nearly 1 per cent decline in the S&amp;P BSE Sensex.<\/p>\n<p>IRFC\u2019s principal business is to borrow funds from commercial markets to finance acquisition of new rolling stock and construction of developmental projects or infrastructure for Indian Railways.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Indian Railway Finance Corporation (IRFC) surged 8 per cent to hit a new high of Rs 48.29 on the BSE in Friday\u2019s intra-day trade on stable outlook. In the past one week, the stock of state-owned financial institution company has rallied 38 per cent, as against nearly 1 per cent decline in the S&amp;P BSE Sensex. IRFC\u2019s principal business is to borrow funds from commercial markets to finance acquisition of new rolling stock and construction of developmental projects or infrastructure for Indian Railways.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-596997","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/596997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=596997"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/596997\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=596997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=596997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=596997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}