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The ₹4,600 crore IPO from IRFC is 'attractive,' and the best thing about the borrowing arm for Indian Railways is the assured margin


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The ₹4,600 crore IPO from IRFC is ‘attractive,’ and the best thing about the borrowing arm for Indian Railways is the assured margin
The ₹4,600 crore IPO from IRFC is ‘attractive,’ and the best thing about the borrowing arm for Indian Railways is the assured margin
Navdeep YadavJan 18, 2021, 11:43 IST
BCCL
The issue from the government-owned company will remain open till January 20, making it the first IPO of 2021.
The best thing about the borrowing arm for the Indian Railways is the cost-plus model. All brokerages have a ‘subscribe’ rating on the stock.
Analysts believe that the IPO is attractively priced and can offer a good investment opportunity for the investors. Healthy financials, growth visibility and strong credit ratings are some of the reasons why they like this issue. ....

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