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.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders