IRFC (Indian Railway Finance Corporation Ltd.) Share Price | IRFC Share Price Today | IRFC Share Price NSE | NSE IRFC | IRFC Share | IRFC News Today | Share Value of IRFC
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IRFC |
Background
The Indian Railway Finance Corporation (IRFC) was established on December 12th, 1986 as the Indian Railways' exclusive financial arm to raise money from both domestic and international capital markets.
IRFC is a Schedule 'A' Public Sector Organisation that reports to the Indian Government's Ministry of Railways and is managed by that ministry. Additionally, it has been registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Taking Non Banking Financial Company (NBFC - ND-SI) and an Infrastructure Finance Company (NBFC- IFC).
By funding a sizable amount of its yearly plan outlay over the course of more than 30 years, IRFC has significantly contributed to the expansion of the Indian Railways and affiliated businesses.
The Indian Railway Finance Corporation (IRFC) was established on December 12th, 1986 as the Indian Railways' exclusive financial arm to raise money from both domestic and international capital markets.
IRFC is a Schedule 'A' Public Sector Organisation that reports to the Indian Government's Ministry of Railways and is managed by that ministry. Additionally, it has been registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Taking Non Banking Financial Company (NBFC - ND-SI) and an Infrastructure Finance Company (NBFC- IFC).
By funding a sizable amount of its yearly plan outlay over the course of more than 30 years, IRFC has significantly contributed to the expansion of the Indian Railways and affiliated businesses.
Indian Railway Finance Corporation Share Price
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IRFC Share Price |
IRFC introduction
In order to raise money from both local and international capital markets, the Indian Railway Finance Corporation (IRFC) was established on December 12th, 1986.
IRFC is a Schedule 'A' Public Sector Enterprise that reports to the Indian government's Ministry of Railways. It is additionally registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Taking Non Banking Financial Company (NBFC - ND-SI) and an Infrastructure Finance Company (NBFC- IFC).
Through the funding of a sizeable amount of its yearly plan outlay over the course of its more than 30 years of operation, IRFC has contributed significantly to the expansion of the Indian Railways and allied organizations.
Profile
The main goal of IRFC is to use market borrowings to fund the majority of the Indian Railways' "Extra Budgetary Resources" (EBR) needs at the most affordable rates and conditions. Therefore, the Company's main line of business is to borrow money from the financial markets in order to finance the creation or acquisition of assets that are later leased to the Indian Railways.
As of March 31, 2022, IRFC had invested a total of Rs. 5.04 lakh crore in the rail sector. The money is used to purchase rolling stock assets and to develop infrastructure, making up a sizeable portion of Indian Railways' yearly capital expenditures. It has so far supported the acquisition of 13349 locomotives, 73979 passenger coaches, and 259661 wagon's, totaling around 75% of the rolling stock fleet of the
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Indian Railways: A Brief Overview
On October 19, 1875, the first segment from Hathras Road to Mathura Cantonment was made accessible to vehicles. These were the modest beginnings of what eventually grew into a nationwide network of railway lines. The Indian Railway system comprised roughly 9000 km of routes by 1880.
Overview of Share Price
IRFC Share Price: Discover the most recent IRFC Stock Price news. Get all the details on IRFC with historical NSE/BSE price charts. On June 17, 23, you viewed this page.
Any stock's share price is erratic and changes frequently during the day due to a variety of variables. As of 15 June '23, the price of an IRFC share is 33.05.
Returns on Share Price: 1 Week: -1.35%; 1 Month: -1.52%; -1.79%; 3 Month: 22.00%; 21.81%; 6 Month: 0.12%; 1 Year: 59.13%; 63.12%.
IRFC's Initial Public Offering (IPO)
There are some fantastic IPOs being launched in 2021 with 2020 now in the rearview mirror and businesses confident about rebounding from the economic impact of the pandemic last year. An IPO will be released on January 18, 2021, according to the Indian Railway Finance Corporation (IRFC) (Now Live on Grow!). What you need to know about the situation is provided here.
Using UPI, you can quickly and simply apply for the IRFC IPO on Grow. Log in to your account at IPO by going there. There, a list of all active IPOs would be available for your viewing. On the "Apply" button, select IRFC IPO. From January 18, 2020, you can make an investment in this IPO.
Comparison of the IRFC with Industry Peers
Stock | Stock Compare | Current Price Rs | PE TTM Price to Earnings | Market Capitalization in Cr | Dividend yield 1yr % | Net Profit Qtr Cr | Net Profit Annual YoY Growth % | Operating Revenues Qtr Cr | Revenue Growth Qtr YoY % | Price to Book Value |
|---|---|---|---|---|---|---|---|---|---|---|
32.95 | 6.8 | 43,060.73 | 4.34% | 1,327.7 | 4.06% | 6,236.07 | 5.14% | 0.95 |
IRFC Share Technical Analysis
| Name | Value | Action |
|---|---|---|
| Relative Strength Index (14) | 53.54 | Neutral |
| Stochastic %K (14, 3, 3) | 51.85 | Neutral |
| Commodity Channel Index (20) | 27.80 | Neutral |
| Average Directional Index (14) | 27.23 | Neutral |
| Awesome Oscillator | −0.23 | Neutral |
| Momentum (10) | 0.95 | Buy |
| MACD Level (12, 26) | 0.26 | Sell |
| Stochastic RSI Fast (3, 3, 14, 14) | 46.93 | Neutral |
| Williams Percent Range (14) | −51.02 | Neutral |
| Bull Bear Power | 0.28 | Buy |
| Ultimate Oscillator (7, 14, 28) | 35.63 | Neutral |
| Name | Value | Action |
|---|---|---|
| Exponential Moving Average (10) | 32.91 | Buy |
| Simple Moving Average (10) | 32.94 | Buy |
| Exponential Moving Average (20) | 32.78 | Buy |
| Simple Moving Average (20) | 32.73 | Buy |
| Exponential Moving Average (30) | 32.51 | Buy |
| Simple Moving Average (30) | 33.02 | Sell |
| Exponential Moving Average (50) | 31.89 | Buy |
| Simple Moving Average (50) | 31.75 | Buy |
| Exponential Moving Average (100) | 30.73 | Buy |
| Simple Moving Average (100) | 30.30 | Buy |
| Exponential Moving Average (200) | 28.87 | Buy |
| Simple Moving Average (200) | 28.53 | Buy |
| Ichimoku Base Line (9, 26, 52, 26) | 32.93 | Neutral |
| Volume Weighted Moving Average (20) | 32.82 | Buy |
| Hull Moving Average (9) | 32.90 | Buy |
Be warned
Please don't interpret the information as investing advice because it doesn't represent a recommendation for what you should do personally. Always look before you leap in any trade, as they say. Go to the Terms of Use to learn more.
Conclusion of IRFC
IRFC contributes strategically to the funding of Indian Railways' expansion. As of the end of March 2020, IRFC had funded rolling stock worth a total of Rs 223,810.78 crore. Due to its partnership with MoR, the company's low risk, cost plus business strategy is made possible.
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