{"id":598107,"date":"2023-08-17T10:25:49","date_gmt":"2023-08-17T04:55:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598107"},"modified":"2023-08-17T11:41:09","modified_gmt":"2023-08-17T06:11:09","slug":"irfc-m-cap-zooms-past-shriram-finance-idbi-bank-stock-up-62-in-1-month","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irfc-m-cap-zooms-past-shriram-finance-idbi-bank-stock-up-62-in-1-month\/","title":{"rendered":"IRFC m-cap zooms past Shriram Finance, IDBI Bank; stock up 62% in 1 month"},"content":{"rendered":"<p>Shares of state-owned Indian Railway Finance Corporation (IRFC) hit a new high of Rs 52.71, gaining nearly 4 per cent in Wednesday\u2019s intra-day trade on the BSE in an otherwise subdued market backed by heavy volumes. Till 11:20 AM; a combined 121 million equity shares representing 0.93 per cent of total equity of IRFC had changed hands on the NSE and BSE. In comparison, the S&amp;P BSE Sensex was down 0.18 per cent at 65,282. <\/p>\n<p>In past one month, the stock price of IRFC has appreciated by 62 per cent, as compared to 2 per cent decline in the benchmark index. A sharp rise in market price of IRFC has helped the company surpass private non-banking finance firm, Shriram Finance, and private sector bank, IDBI Bank, in market capitalisation (m-cap) ranking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of state-owned Indian Railway Finance Corporation (IRFC) hit a new high of Rs 52.71, gaining nearly 4 per cent in Wednesday\u2019s intra-day trade on the BSE in an otherwise subdued market backed by heavy volumes. Till 11:20 AM; a combined 121 million equity shares representing 0.93 per cent of total equity of IRFC had changed hands on the NSE and BSE. In comparison, the S&amp;P BSE Sensex was down 0.18 per cent at 65,282. In past one month, the stock price of IRFC has appreciated by 62 per cent, as compared to 2 per cent decline in the benchmark [&hellip;]<\/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-598107","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\/598107","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=598107"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598107\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}