IRFC IPO Review: Anil Singhvi says IRFC shares will yield better returns than FDs - Details inside
IRFC IPO: Zee Business Managing Editor Anil Singhvi says that the equity size of Indian Railway Finance Corporation is very big, so the share price will not move quickly. Also, as the share price is low, that is Rs 25 – Rs 26, and many investors will buy this share. Regarding IRFC strengths, the Market Guru said it is a Government company (parentage is very strong) and it is AAA rated company.
IRFC arranges for the finance after understanding the needs and requirement of Indian Railways, and lends it to Indian Railways after adding their margins for the service they give: Zee Business