Railway PSU, IRFC shares soars over 3.40 percent as firm establishes CSR Foundation

Shares of the Railway PSU, Indian Railway Finance Corporation, surge over 3.4 pc as cthe ompany forms CSR Foundation for its CSR initiatives.

According to the exchange filing, this is to inform that the Board of Directors of the Company at its meeting held on 15th April, 2025 inter alia, considered and approved the initiation of formation and registration of CSR Foundation under the Societies Registration Act, 1860 for furtherance of its Corporate Social Responsibility (CSR) initiatives.

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The stock has corrected over 8.1 percent in the past one month. The market capitalisation of the company is at Rs 1.68 lakh crore. The dividend yield is at 1.52 percent.

Over the past two days, the stock has recovered with a total return of 3.94 percent, with a positive performance.

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