The week passed by was action-packed for fairness buyers, with the markets touching all-time excessive on Monday, seeing a pointy reversal on Tuesday, and marching steadily upwards since then to shut Friday on a excessive. The trailing 12-month PE (consolidated) of the Nifty now stands at 23 occasions, according to the 10-year common however at … Read more
PSU shares, and inside that the Railway PSUs, have had a stellar run on the bourses within the final one yr — RVNL (up 155 per cent), Ircon (215 per cent), IRFC (208 per cent) and RailTel (182 per cent) have all been excellent performers. At bl.portfolio a couple of months in the past, … Read more
Indian Railway Finance Company or IRFC is a mini-ratna PSU that capabilities as the first fund-raising arm of Indian Railways (IR). The corporate raises funds from markets (bonds and borrowings) and funds Indian Railways initiatives (leases or venture prices) on a price of funds plus margin foundation (35 bps at the moment) — the counterparty … Read more