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Railway stocks rally in trade; IRFC's market cap crosses Rs 2 lakh crore for first time

Railway stocks rally in trade; IRFC's market cap crosses Rs 2 lakh crore for first time

Fri, Jan 19, 2024

At 12:45 pm, the IRFC stock traded 9.5 per cent higher for the day at Rs 160.apiece on BSE, while the company’s market capitalisation (widely referred to as mcap in market parlance) at Rs 2,09,135.3 crore.

PSU Stocks Surge Ahead of Budget: IRFC, RVNL, Mazagon Dock Hit New Highs | Stock Market News

PSU Stocks Surge Ahead of Budget: IRFC, RVNL, Mazagon Dock Hit New Highs | Stock Market News

Tue, Jan 16, 2024

Several PSU stocks, particularly IRFC, RVNL, and Mazagon Dock Shipbuilders, saw significant gains on Jan 16, reaching new all-time highs in intra-day trading just before the upcoming 2024 Interim Union Budget.

Railway stocks surge over 18% as Sensex, Nifty close at record high

Railway stocks surge over 18% as Sensex, Nifty close at record high

Mon, Jan 15, 2024

Railway stocks jumped over 10 per cent on Monday as all-round buying pushed Sensex past the 73,000 mark and Nifty beyond the 22,000 mark. Railway stocks were the top gainers with IRFC up over 18 per cent, RVNL up 13.49 per cent and IRCON up 7.51 per cent.

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IRFC Dividend 2023: Railway PSU announces interim dividend - Check record date, payment date

IRFC Dividend 2023: Railway PSU announces interim dividend - Check record date, payment date

Thu, Nov 02, 2023

IRFC Dividend 2023, IRFC Dividend 2023 Record Date: Indian Railway Finance Corporation has already announced the record date for the payment of the interim dividend.

IRFC Dividend 2023: Railway PSU likely to announce interim dividend soon | Check share price on NSE, BSE

IRFC Dividend 2023: Railway PSU likely to announce interim dividend soon | Check share price on NSE, BSE

Mon, Oct 23, 2023

IRFC Dividend 2023, IRFC Dividend Record Date 2023, IRFC Share Price NSE, BSE: According to an exchange filing, the Board of Directors of the company will meet on November 2, 2023.

Railway PSU IRFC posts Rs 6,337.01 crore profit in FY23

Railway PSU IRFC posts Rs 6,337.01 crore profit in FY23

Fri, Sep 22, 2023

Addressing the Annual General Meeting, Shelly Verma, Chairman and Managing Director of IRFC, said the company reported a total revenue from operations amounting to Rs 23,891.28 crore, a 17.70 per cent year-on-year increase over the last fiscal year.

IRFC dividend 2023: Shares set to trade ex-date on September 15 — check out record and payout dates

IRFC dividend 2023: Shares set to trade ex-date on September 15 — check out record and payout dates

Wed, Sep 13, 2023

IRFC dividend 2023 record date: The company has fixed September 15, Friday, as the "record date" for the purpose of determining the members entitled to receive the final dividend for the financial year 2022–23.

G20 Summit: Railway Stocks Soar on the Back of India-Middle East-Europe Rail-Port Economic Corridor

G20 Summit: Railway Stocks Soar on the Back of India-Middle East-Europe Rail-Port Economic Corridor

Mon, Sep 11, 2023

The India-Middle East-Europe Rail-Port Economic Corridor is a major new infrastructure project that is expected to boost economic development and connectivity between Asia, the Arabian Gulf, and Europe. The corridor will include a railway that will provide a reliable and cost-effective transit network, and it has had a positive impact on the shares of railway companies in India.

IRFC shares zoom 20% to hit record high - Buy, sell or hold?

IRFC shares zoom 20% to hit record high - Buy, sell or hold?

Mon, Sep 04, 2023

IRFC Share Price Today NSE: The stock or IRFC has risen 103.6 per cent on a year-to-date basis and 169 per cent since listing on January 28, 2021.

IRFC shares plunge nearly 9% as government plans to sell part of its holdings in PSU

IRFC shares plunge nearly 9% as government plans to sell part of its holdings in PSU

Thu, Aug 17, 2023

IRFC share price NSE: Shares of Indian Railway Finance Corp (IRFC) slipped as much as 8.8 per cent to Rs 46.7 apiece on Thursday (August 17), a day after the government announced it was planning to sell over 11 per cent stake in the state-owned company via an offer for sale (OFS) in the current fiscal (FY24).

Government plans stake sale in Indian Railways funding arm - Reports

Government plans stake sale in Indian Railways funding arm - Reports

Thu, Aug 17, 2023

Shares of IRFC have gained 58 per cent over the last four weeks. The stock was trading at 51.55 rupees per share at 01.42 p.m. IST on Wednesday, up 1 per cent.

Government plans stake sale in Indian Railways' funding arm - Reports

Government plans stake sale in Indian Railways' funding arm - Reports

Thu, Aug 17, 2023

Shares of IRFC have gained 58 per cent over the last four weeks. The stock was trading at 51.55 rupees per share at 01.42 p.m. IST on Wednesday, up 1 per cent.

IRFC shares slide post Q4 results

IRFC shares slide post Q4 results

Fri, May 26, 2023

IRFC share price NSE: IRFC said its interest income for the quarter rose to Rs 1,998.50 crore from Rs 1,913 crore YoY while it said its lease income jumped to Rs 4,237 crore from Rs 4,018.10 crore YoY.

IRFC Q4 results 2023: Posts profit of Rs 6,337 crore for FY23; declares dividend

IRFC Q4 results 2023: Posts profit of Rs 6,337 crore for FY23; declares dividend

Fri, May 26, 2023

IRFC Q4 results 2023: Indian Railway Finance Corporation (IRFC) Ltd on Thursday posted a profit of Rs 6,337 crore for the financial year 2022-23. It stood at Rs 6,090 crore in 2021-22 fiscal, the dedicated market borrowing arm of Indian Railways said in a statement.

Indian Railway Finance Corp Ltd shares tanked over 30% | Check What Brokerage Firm Recommend

Indian Railway Finance Corp Ltd shares tanked over 30% | Check What Brokerage Firm Recommend

Fri, Feb 24, 2023

Shares of IRFC have corrected nearly 31% from their 52-week high of Rs 37.10.

IRFC shares down 30% from 52-week high, should you buy?

IRFC shares down 30% from 52-week high, should you buy?

Fri, Feb 24, 2023

IRFC Share Price NSE: Shares of IRFC have corrected nearly 31 per cent from 52-week high of Rs 37.10. IRFC is the dedicated funding arm of the Indian Railways.

IRFC share price slips below Rs 30 apiece on NSE, BSE; should you buy?

IRFC share price slips below Rs 30 apiece on NSE, BSE; should you buy?

Thu, Feb 16, 2023

IRFC Share Price NSE, IRFC share price target 2023: IRFC share price has corrected more than 20 per cent from an all-time high of Rs 37.10.

IRFC share price: Indian Railways stock positive ahead of Q3 result

IRFC share price: Indian Railways stock positive ahead of Q3 result

Mon, Feb 13, 2023

IRFC Share Price NSE, IRFC Q3 Result Date 2023: IRFC will release its third quarter result today. IRFC shares have delivered a positive return of 42 per cent in the past 6 months. IRFC share price target 2023, according to analysts, is Rs 35 in the near term.

Centre receives Rs 903 crore as dividend from Indian Railway Finance Corporation

Centre receives Rs 903 crore as dividend from Indian Railway Finance Corporation

Fri, Dec 30, 2022

The Cente has received Rs 903 crore and Rs 78 crore from the Indian Railway Finance Corporation and RITES Ltd respectively as dividend tranches.

Buy, Sell, or Hold: IRFC shares surge 4% intraday--Check Details Here

Buy, Sell, or Hold: IRFC shares surge 4% intraday--Check Details Here

Wed, Dec 28, 2022

Shares of Indian Railway Finance Corp (IRFC) surged on Dec 28 amid a volatile session in the markets. The stock zoomed around 4% to hit day's high of Rs 33.20

IRFC back in action: Share price gains 4%; analysts upbeat - check target

IRFC back in action: Share price gains 4%; analysts upbeat - check target

Wed, Dec 28, 2022

IRFC Share Price NSE: Shares of Indian Railway Finance Corporation (IRFC) surged on Wednesday amid a volatile session in the markets.

IRFC share price zooms 9%: Indian Railways stock shines in weak market - should you buy? | IRFC Share Price NSE Target

IRFC share price zooms 9%: Indian Railways stock shines in weak market - should you buy? | IRFC Share Price NSE Target

Tue, Dec 20, 2022

IRFC Share Price NSE Target: Shares of IRFC zoomed 9 per cent. The Indian Railways stock is in news for the past 1 month as it jumped the IPO issue price Rs 26 for the first time since listing in January 2021.

IRFC shares jumps over 3% intraday--Buy, Sell or Hold?

IRFC shares jumps over 3% intraday--Buy, Sell or Hold?

Mon, Dec 19, 2022

IRFC shares surged more than 3% on Dec 19 in the morning trade. The Indian Railways stock opened in green at Rs 32.30 apiece on NSE.

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