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Indian Railway Finance Corporation Ltd Share Price (IRFC)

₹153.20.66%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Indian Railway Finance Corporation Ltd

Key events for Indian Railway Finance Corporation Ltd

  • IRFC to Float Bonds Worth Up to Rs 3,000 Crore - 23 Feb, 2024

    Indian Railway Finance Corporation (IRFC) plans to issue bonds worth up to Rs 3,000 crore on February 26 with a base issue of Rs 500 crore and a maturity of 10 years. The bonds have been rated AAA by CRISIL, ICRA, and CARE ratings.

  • Railway-Related Stocks Surge in 2023 - 21 Feb, 2024

    Indian Railway Finance Corp. Ltd (IRFC) saw a 197% increase in shares during 2023, while Ircon International Ltd and Rail Vikas Nigam Ltd stocks climbed almost 200% and 166%, respectively. The railway sector's increased capital outlays may continue to drive growth in 2024.

  • IRFC Stock Rises Over 3% - 19 Feb, 2024

    The Indian Railway Finance Corporation Ltd's stock, IRFC, has risen over 3% in early trade, with shares soaring over 7% in a week and rising 455% under a year.

  • IRFC Stock Jumps 4.63%, Extends Gains for Third Straight Session - 15 Feb, 2024

    Shares of Indian Railway Finance Corporation Ltd (IRFC) continue their upward trend, rising 4.63% to hit a day high of Rs 161.50. Despite a slight dip in net profit in Q3 FY24, revenue from operations increased by over 8%. Analysts hold mixed views on the stock.

  • PSU Meltdown Hits Momentum Funds, Including Indian Railway Finance Corporation Ltd - 14 Feb, 2024

    The net asset value of momentum funds has taken a hit due to the recent broader market meltdown, with public sector companies such as PFC, REC and IRFC being worst affected. The PSU index has eroded investors' wealth by over Rs 6 lakh crore between February 8 and February 13.

  • Indian Railway Finance Corp Shares Rebound After Three Sessions - 13 Feb, 2024

    Shares of Indian Railway Finance Corporation Ltd (IRFC) rebounded by 12% after a three-session decline, reaching Rs 149.50 on the Bombay Stock Exchange. The railway PSU reported a YoY fall in net profit for Q3 FY23 but logged a profit of Rs 6,337 crore for the financial year 2022-23.

  • Indian Railway Finance Corp Shares Decline on Weak Q3 Results - 12 Feb, 2024

    Shares of Indian Railway Finance Corporation Ltd (IRFC) plummeted by 11.51% following weak performance in Q3 FY24, posting a 1.78% drop in its net profit. IRFC's revenue increased by 8.4% YoY. The stock declined by 9.47% to Rs 139.15.

  • IRFC Stock Falls After Q3 Results, Experts Predict Short-Term Bounce Back - 10 Feb, 2024

    Indian Railway Finance Corporation Ltd's Q3 FY24 results show a slight decline in profits and a small increase in revenue from operations. Experts predict the stock may bounce back to Rs 180-200 levels short term despite a 5.12% drop in share price.

  • IRFC Reports Slight Drop in Q3 Net Profit - 09 Feb, 2024

    Indian Railway Finance Corporation Ltd (IRFC) reported a 1.7% YoY drop in net profit for Q3 FY24 at Rs 1,604 crore, while revenue from operations rose 8% YoY to Rs 6,742 crore.

  • Indian Railway Finance Corporation Ltd Shares Gain 67% in Last 30 Days - 04 Feb, 2024

    Despite poor financial performance, Indian Railway Finance Corporation Ltd shares have gained 67% in the last thirty days and 442% over the last twelve months. The company's high P/E ratio of 36.4x might be due to investors' expectations of future performance.

  • Kotak Optimus Moderate Scheme breaches concentration limit with Indian Railway Finance Corporation Ltd - 02 Feb, 2024

    The Kotak Optimus Moderate Scheme of Kotak Alternate Assets Fund III (AIF) breached the 10% concentration limit in a single investee company, Indian Railway Financial Corporation Ltd, from May 13, 2022 to July 11, 2022, according to the regulator's settlement order.

  • IRFC to Abstain from Borrowing Funds During FY2024-25 - 01 Feb, 2024

    Indian Railway Finance Corporation (IRFC) stock remained flat as railway-linked stocks traded lower after Budget speech. Technical charts suggest potential growth, but IRFC plans no debt borrowing in FY2024-25.

  • IRFC Shares Surge Ahead of Union Budget 2024 - 31 Jan, 2024

    Indian Railway Finance Corporation (IRFC) shares have rallied ahead of Union Budget 2024, with a surge of up to 19%. The government's expected miss on its disinvestment target has raised speculation about a new privatization plan. Additionally, IRFC's share price has surged 76% in the past month due to higher capex allocation by the government.

  • IRFC Stock Surges Over 500% - 30 Jan, 2024

    The Indian Railway Finance Corporation (IRFC) stock has surged by over 500% in the past year, with its share price rising from Rs. 31.20 to Rs. 170.85 as of January 29th.

  • Indian Railway Finance Corporation Ltd Stock Zooms 137% in Three Months - 29 Jan, 2024

    Shares of Indian Railway Finance Corporation Ltd (IRFC) have surged by 137% in the last three months, trading at Rs 171 as of January 29, 2024. The stock hit a record high of Rs 192.80 on January 23, 2024, but is currently overbought with an RSI of 79.5.

  • IRFC Stock Surges Over 6% - 25 Jan, 2024

    The Indian Railway Finance Corporation Ltd (IRFC) stock has seen a remarkable uptrend, gaining over 18.44% in the last 5 days and nearly 79% in the last month. Year-to-date, the stock has surged by a substantial 73.61%.

Analyst Rating for Indian Railway Finance Corporation Ltd stock

based on 2 analysts

BUY
50.00%
Buy
50.00%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for Indian Railway Finance Corporation Ltd. An average target of ₹43.5

Source: S&P Global Market Intelligence

Indian Railway Finance Corporation Ltd share Performance

  • ₹152.7
    ₹156.4
    ₹153.2
    downward going graph

    0.33%

    Downside

    Day's Volatility:2.42%

    Upside

    2.09%

    downward going graph
  • ₹25.4
    ₹192.8
    ₹153.2
    downward going graph

    83.42%

    Downside

    52 Weeks Volatility:109.27%

    Upside

    25.85%

    downward going graph
1 Month Return-10.88 %
3 Month Return101.31 %
1 Year Return450.09 %
Previous Close₹152.20
Open₹153.70
Volume3.44Cr
Market Cap₹1,98,902.66Cr

Indian Railway Finance Corporation Ltd Company Information

Indian Railway Finance Corporation (IRFC) is a Schedule A Public Sector Enterprise under the administrative control of the Ministry of Railways (MoR), Government of India. Since its incorporation in December 1986, IRFC has provided financing for the acquisition and creation of assets, leasing them out to Indian Railways as finance lease for a certain period of time. In FY2020, the company presented an impressive contribution of 39.38% of the actual capital expenditure of the Indian Railways, which was Rs. 525.35 billion. IRFC follows a financial leasing model of 30 year period for Rolling Stock Assets lending and Project Assets. For the second 15 year period the company charges the Indian Railways a nominal rate which is subject to revision on mutually acceptable terms. For the financial year 2020-21, its disbursement accounted for 67.43% of the total capital outlay at an amount of Rs. 104369crore. Of its total paid-up equity share capital, President of India holds 86.36% shares through the MoR, while 13.64 is held by the public. Over the past three decades, the company has made an immense contribution to develop the capacity of Indian Railways.

Share Price: ₹153.20 per share as on 23 Feb, 2024 04:01 PM
Market Capitalisation: ₹1,98,902.66Cr as of today
Listing date: 29 Jan, 2021
Chairperson Name: Amitabh Banerjee
OrganisationIndian Railway Finance Corporation Ltd
HeadquartersNew Delhi
IndustryFinance
E-voting on sharesClick here to vote

Fundamentals of Indian Railway Finance Corporation Ltd

Insights on Indian Railway Finance Corporation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.87% to 11.33% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.13% to 1.15% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, IRFC has outperformed top 5 stocks with highest market-cap in Corporate Financial Services

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, IRFC has outperformed top 5 stocks with highest market-cap in Corporate Financial Services

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, IRFC stock has moved up by 101.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 86.36% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.50% to 0.40% in Dec 2023 quarter

Indian Railway Finance Corporation Ltd Mutual Fund Holdings

Funds Holdings
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.63%
Motilal Oswal Nifty Midcap 150 Index Fund Direct GrowthMotilal Oswal Nifty Midcap 150 Index Fund Direct Growth1.18%
Nippon India Nifty Midcap 150 Index Fund Direct GrowthNippon India Nifty Midcap 150 Index Fund Direct Growth1.17%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct GrowthTata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth4.19%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct GrowthEdelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth4.22%

Indian Railway Finance Corporation Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
86.36%
0.00
Foreign Institutions
1.15%
1.20
Mutual Funds
0.4%
-19.82
Retail Investors
11.33%
4.22
Others
0.76%
-33.04

Technicals of Indian Railway Finance Corporation Ltd share

News & Events of Indian Railway Finance Corporation Ltd

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Indian Railway Finance Corporation Ltd (IRFC) share price today is ₹153.2

Indian Railway Finance Corporation Ltd is listed on NSE

Indian Railway Finance Corporation Ltd is listed on BSE

  • Today’s highest price of Indian Railway Finance Corporation Ltd is ₹156.4.
  • Today’s lowest price of Indian Railway Finance Corporation Ltd is ₹152.7.

Today’s traded volume of Indian Railway Finance Corporation Ltd(IRFC) is 3.44Cr.

Today’s market capitalisation of Indian Railway Finance Corporation Ltd(IRFC) is ₹198902.66Cr.

Indian Railway Finance Corporation Ltd(IRFCPrice
52 Week High
₹192.8
52 Week Low
₹25.4

Indian Railway Finance Corporation Ltd(IRFC) share price is ₹153.2. It is down -20.54% from its 52 Week High price of ₹192.8

Indian Railway Finance Corporation Ltd(IRFC) share price is ₹153.2. It is up 503.15% from its 52 Week Low price of ₹25.4

Indian Railway Finance Corporation Ltd(IRFCReturns
1 Day Returns
1%
1 Month Returns
-10.88%
3 Month Returns
101.31%
1 Year Returns
450.09%