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IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to know
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight discount, saw strong institutional investor interest, leading to the exercise of the greenshoe option. Retail investors and employees can now participate in the sale, which aims to raise over Rs 2,212 crore.
IRFC OFS oversubscribed 1.86 times on day 1; Govt exercises green shoe option
Shares of Indian Railway Finance Corporation Ltd ended at ₹92.53, down by ₹6.16, or 6.24%, on the BSE.
IRCTC CMD Sanjay Kumar Jain resigns
Indian Railway Catering and Tourism Corporation (IRCTC) informed that the Ministry of Railways, Government of India, has approved the resignation of Sanjay Kumar Jain from the post of chairman and managing director (CMD) of the company.
Triveni Turbine Ltd leads losers in 'A' group
GE Vernova T&D India Ltd, Indian Railway Finance Corporation Ltd, TD Power Systems Ltd and Lumax Auto Technologies Ltd are among the other losers in the BSE's 'A' group today, 24 June 2026.
IRFC drops as Centre launches OFS to sell up to 2% stake
Indian Railway Finance Corporation (IRFC) fell 5.30% to Rs 93.41 after the Government of India launched an offer for sale (OFS) to divest up to a 2% stake in the company.
Five Stocks To Buy: Adani Power, Ola Electric, IRCTC And More | June 24, 2026
Top picks for Wednesday, June 24 include Adani Power, Sun Pharmaceutical Industries, Ola Electric, IRCTC, and GRP Limited.
Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata Motors
Indian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, and Infosys are in focus due to significant developments. Vedanta saw a major promoter stake sale, while Honasa Consumer plans an acquisition. Bajaj Auto reported a ransomware attack, and IRCTC's CMD resigned.
What’s likely to move markets in the next trading session on June 24?
Investors will also track the Indian Railway Finance Corporation's Offer for Sale, while comments from Infosys Chairman Nandan Nilekani on the company's AI engagements with clients remain in focus.
India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com Nigeria
India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com Nigeria
India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com
India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com
IRFC OFS: Govt to sell up to 2% stake in Navratna PSU via Offer for Sale
The government will sell up to a 2% stake in Indian Railway Finance Corporation through an Offer for Sale, as it continues an accelerated disinvestment programme across public sector enterprises.
Indian Railways approves Kavach deployment worth Rs 270 crore on 631 route kms
Indian Railways has approved the installation of Kavach, an indigenous automatic train protection system, on 631 route kilometers of East Coast Railway for Rs 270 crore. This move aims to significantly boost railway safety by preventing collisions and over-speeding. The expansion covers crucial sections in Odisha and neighboring areas, enhancing train operations even in adverse weather and reinforcing the mission to deploy Kavach across vital routes.