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Indian Railway Finance Corporation Ltd

Indian Railway Finance Corporation Ltd (IRFC)

₹157.65▲1.42%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Indian Railway Finance Corporation Ltd share Performance

₹155.6
₹159.5
₹157.65
1.30%
Low
Day's Volatility:2.47%
High
1.17%
₹31.2
₹192.8
₹157.65
80.21%
Low
52 Weeks Volatility:102.51%
High
22.30%

Returns %
1 Month Return	+ 9.7 %
3 Month Return	0 %
1 Year Return	+ 363.34 %

Market Stats
Previous Close	₹₹155.45
Open	₹₹156.90
Volume	₹4.50Cr
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹2,03,149.93Cr

Analyst Rating

based on 1 analysts

HOLD

0.00%

Buy

100.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Indian Railway Finance Corporation Ltd. An average target of ₹32

Source: S&P Global Market Intelligence

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: ₹157.65 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹2,03,149.93Cr as of today
Listing date: 29 Jan, 2021
Chairperson Name: Shelly Verma

Organisation	Indian Railway Finance Corporation Ltd
Headquarters	New Delhi
Industry	Finance
E-voting on shares	Click here to vote

Key events for Indian Railway Finance Corporation Ltd

Indian Railway Finance Corporation Ltd Stock Shows Upside Momentum - 16 May, 2024
The weekly timeframe chart of Indian Railway Finance Corporation Ltd indicates an upside bounce with a decisive breakout expected in the near term. The stock price is currently placed near crucial overhead resistance levels, and the 10/20 period EMA has been offering support for the stock price to move up. Weekly RSI has turned up from key upper area levels, indicating strong upside momentum.
IRFC Shares Surge Up To 10% - 14 May, 2024
Indian Railway Finance Corporation (IRFC) shares jump up to 10% in a single day of trading, with analysts predicting further upside potential and strong support at Rs 142-140.
Indian Railway Finance Corporation Ltd Stock Continues Upward Run - 26 Apr, 2024
Shares of Indian Railway Finance Corporation Ltd (IRFC) gained nearly 12% this week and settled 5.19% higher at Rs 158.05 on Friday, with heavy trading volume. Technical analysts predict support at Rs 152-150 and resistance at Rs 160, with a target of Rs 175 in the near term. The stock has gained around 120% in the last six months and 402% in a year.
PL Suggests Buying IRFC Stock for Upside Target of Rs 195 - 24 Apr, 2024
Indian Railway Finance Corporation Ltd (IRFC) stock has moved past the important 50-EMA level and is anticipated to perform well in coming days. The RSI has shown improvement with a trend reversal, indicating a buy. With an attractive chart, PL suggests buying the stock for an upside target of Rs 195 level, keeping the stop loss of Rs 131 level.

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.

POSITIVE IMPACT
Best in 1 Year
In the last 1 year, IRFC has outperformed top 5 stocks with highest market-cap in Corporate Financial Services
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, IRFC has outperformed top 5 stocks with highest market-cap in Corporate Financial Services
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 11.33% to 11.67% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 6 months, IRFC stock has moved up by 112.7%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 86.36% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.40% to 0.18% in Mar 2024 quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 1.15% to 1.08% in Mar 2024 quarter

Mutual Fund Holdings

Funds	Holdings
HDFC Balanced Advantage Fund Direct Plan Growth Option	0.27%
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth	0.44%
UTI Nifty Next 50 Index Fund Direct Growth	0.44%
Baroda BNP Paribas Flexi Cap Fund Direct Growth	1.1%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth	3.46%