This Stock Hit 10% Upper Circuit Day After India-Europe Trade Corridor Deal
NDTV
Shares of Indian Railway Finance Corp, the dedicated funding arm of Indian Railways, have hit a 10 per cent upper circuit minutes after the opening bell on Monday.
It is party time for investors who have put in their bets on shares of companies involved in railways and its allied activities.
An ambitious rail-port economic corridor deal to connect India-Middle East-Europe, seen as an alternate supply chain route in a completely evolved post-pandemic world order, was signed on the sidelines of the successful G20 Summit held in New Delhi -- thus putting focus on railway infrastructure.
Shares of Indian Railway Finance Corp, the dedicated funding arm of Indian Railways, have hit a 10 per cent upper circuit minutes after the opening bell on Monday. The upper circuit is the highest possible price that the stock of a firm can trade at on that particular day.
