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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 IPO: 3 Important positives Anil Singhvi highlights that there is nothing to worry regarding IRFC Balance sheet and Financials. The revenue and profit visibility of the company is extremely clear for next few years; it will keep on earning good profits for years to come. Anil Singhvi says basically, IRFC is the financier of Indian Railways. IRFC arranges major part of the finances that Indian Railways need. IRFC arranges for the finance after understanding the ....