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IRFC Share Price After Q4 Results and Dividend News
Indian Railway Finance Corporation Ltd (IRFC) shares surged 3.5% following the release of its fiscal year 2024 and Q4 2024 financial results. The company's robust performance, driven by Indian Railways' increasing capital expenditure, has led to a significant 419% increase in share price over the past year. IRFC's net profit saw a substantial 33.6% YoY growth, and the company declared a total dividend of ₹1.50 per share for the Financial Year 2023-24. Analysts like Chandan Taparia maintain a bullish stance on IRFC shares, expecting further upside potential, while Hormuz Maloo highlights the potential impact of upcoming elections on the stock's trajectory
ITC Hotels Demerger: Shareholder Meeting Set for June 6 to Approve Scheme
ITC's share price is in focus as the FMCG giant plans to convene a meeting of ordinary shareholders on June 6th, 2024, to approve the demerger of ITC Hotels. The demerger aims to unlock value by creating a separate hotels entity with a stronger business focus and optimal capital structure
Indian Market
Tanushree Jaiswal
Tanushree Jaiswal
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