Indian Railway Finance Corporation Ltd Share Price

(IRFC)

Indian Railway Finance Corporation (IRFC) operates in the financial services sector, specifically focused on raising funds for Indian Railways through various financial instruments. Incorporated on December 12, 1986, and founded by the Government of India, IRFC is headquartered in New Delhi and is registered under the Company Identification Number (CIN) L65910DL1986GOI026363. The company's primary business activities include leasing and financing railway infrastructure and rolling stock, playing a vital role in the expansion and modernization of the Indian Railways.
As of 2024, IRFC has a market capitalization of approximately ₹45,000 crore (around $5.4 billion USD). The share price of IRFC is influenced by various factors, including its earnings performance, which is typically reflected in the company's Price-to-Earnings (PE) ratio. The PE ratio provides insight into investor expectations about the company's growth prospects relative to its earnings.
IRFC's stock performance is also closely tied to government policies and railway budget allocations, which directly impact its business operations. The company's role in financing large-scale railway projects ensures a steady demand for its services, which can make its stock appealing to investors seeking stable returns. Despite being a government-owned entity, IRFC’s shares are actively traded on the stock exchanges, offering investors an opportunity to participate in India's growing railway infrastructure development.

Listing date: 29 Jan, 2021
Chairperson Name: Shelly Verma