New Delhi :
On the last trading week, Indian Railway Finance Corporation (IRFC) demonstrated remarkable performance, ranking in the top-10 for trading volume.
A staggering 3.01 crore shares were traded in IRFC.
In the large-cap segment, IRFC shares proved to be the star of the week, providing investors with an impressive return of over 28 percent during the past week.
High Volume Trading Stocks
Suzlon Energy led the charts in terms of trading volume, with 9.05 crore shares exchanged. Following closely was Vodafone Idea, witnessing 5.83 crore shares traded.
Other stocks with notable trading volumes include:
- Reliance Power (No. of shares traded: 5.26 Cr),
- Jaypee Power (No. of shares traded: 4.04 Cr),
- Indian Railway Fin (No. of shares traded: 3.01 Cr),
- Rattanindia Power (No. of Shares traded: 2.89 Crore),
- Hind Const Company (No. of Shares traded: 1.71 Crore),
- Visagar Fin (No. of Shares traded: 1.69 Crore),
- Zomato (No. of Shares traded: 1.41 Crore),
- and Yes Bank (No. of shares traded:1.18 Crore)
Above all emerged as top gainers in Friday’s market.
Impressive Growth of IRFC Shares
Closing at Rs 44.95 on Friday, IRFC shares showed a positive uptrend of 0.56 per cent.
The stock has been on a significant rise, delivering returns of more than 28 percent in the last week, 26 percent in the last 5 days, and over 34 percent in one month.
Remarkably, the stock has soared by 48.84 percent in the last six months, surging from Rs 30.20 to Rs 44.95.
Notably, investors have seen their investments more than double in the past year, with a remarkable return of 111.53 percent during this period.
Shareholding Pattern and Investors’ Involvement
As per the shareholding pattern for the quarter ended June 30, promoters hold 86.36 per cent of IRFC stocks.
Foreign investors slightly reduced their stake from 1.15 per cent to 1.14 per cent, while domestic institutional investors also trimmed their stake from 2.62 per cent to 2.02 per cent.
