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IRFC shares fall 5% today. Here's why the railway PSU stock is under pressure

Shares of Indian Railway Finance Corporation (IRFC) fell sharply on Wednesday after the government announced plans to sell up to a 2% stake in the railway financing company through an Offer for Sale (OFS).The stock was trading at Rs 93.46 around 9:49 am, down over 5% for the day. The decline adds to...

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