IRFC has outperformed not just Nifty50 which has given 13% returns, but has also left behind many of its peers by a huge margin, namely Ircon International (259%), RITES (42%), RailTel (106%), Texmaco (11%) and Titagarh Rail (65%). It is trailing Rail Vikas Nigam (RVNL) which has yielded 379% returns during this period.
Sammaan Capital raises $300 million via overseas bond issue
Sammaan Capital (formerly Indiabulls Housing) has successfully raised $300 million through a three-year bond issuance to overseas investors at 8.95%. This marks their first international