IRFC is no less than a note printing machine for Indian Railways and investors. It had given returns of more than 250 percent to investors last year. The company has given 40 percent return to investors in two weeks. If we talk about the last 7 trading days, it has given a return of about 47 percent to the investors. Even a day before, the company's shares had given a return of more than 19 percent.
If we talk about Tuesday, the company's shares saw a rise of about 13 percent in two hours. The company has made a profit of Rs 21,649.15 crore in two hours. If an investor has one thousand shares of the company, then he has made a profit of Rs 16,580 in two hours. The figures also tell you what kind of company figures are being seen in the stock market.
Increase in IRFC shares
On Tuesday, the company's shares saw a rise for the 6th consecutive day. Today the company's shares jumped by about 13 percent in the first two hours. Due to which the company's shares reached a record high of 52 weeks at Rs 146.69. According to the data, at 2:30 pm the company's shares are trading at Rs 140.84 with a rise of more than 8 percent. If experts are to be believed, the company's shares can cross Rs 160. A day ago, the company's shares had seen a rise of about 19 percent.
Company made profit of Rs 21,649.15 crore in two hours
First of all, if we talk about the company, within two hours the company's shares had reached a high of 52 weeks by about 13 percent. In these two hours, there was a gain of Rs 21,649.15 crore in the market cap of the company. A day ago the market cap of the company on BSE was Rs 1,69,889.72 crore. Which reached Rs 1,91,538.88 crore in just two hours i.e. 11:15 am. The market cap of the company at 2:30 pm is Rs 1,83,651.71 crore.
Investors earned Rs 16,580 on 1000 shares
If we talk about the retail investors of the company, they have also earned a huge profit of Rs 16,580 in two hours. Let us try to understand this from BSE data. Suppose your name is Nishant Sharma and you have 1000 shares of IRFC. After the market closed a day earlier, the value of these 1000 shares was Rs 1,30,110 at the rate of Rs 130.11. Today in two hours the shares of the company reached Rs 146.69 and the value of those thousand shares reached Rs 1,46,690.
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