Indian Railway Finance Corporation is a Public Sector Undertaking under the Ministry of Railways and the Government of India. It is one such financial institution that has been instrumental in raising funds for expansion andrunning capital markets through borrowings. The Corporation currently maintains its finances but would need external sources soon if they do not find an adequate replacement.
The Indian Railway Finance Corporation was established when there were just two types: public sector enterprises and private companies owned by the citizenry. Now we have Miniratnas, which are Schedule “A” listed entities with guaranteed returns on investment.
So, if youare seeking for a reliable and stable investment opportunity, look no further than the Indian Railway Finance Corporation! This government-owned Corporation has been providing reliable investment opportunities for over 100 years and continues to be a key player in the Indian economy. With a strong track record of stability and growth, the IRFC is an ideal investment option for anyone looking for long-term security. So, if youwish toinvest in them, be sure to check out the IRFC share price.
Indian Railway Finance Corporation is a Public Sector Enterprise that deals with the financing of Indian Railways. It was set up in 1986, and its primary objective is to raise funds from the market for Indian Railways. IRFC is an excellentlong-term investment. The IRFC share has been on a roll this year, and the company’s fundamentals are strong.
The IRFC share price today is trading at Rs. 25.50, up by Rs. 0.60 or 2.41% from its previous close of Rs. 24.90 on the Bombay Stock Exchange. The IRFC share had a 52-week low of Rs. 17.55 and a 52-week high of Rs. 26.85. The stock’s last traded price was -8.58% below its 200-day moving average of Rs. 27.86.Besides, the company has a solid track record of dividend payments. It is also one of the few companies that consistently grow its earnings.
As a result, investors can expect to see continued capital appreciation in the stock. Given all of these factors, the share price of IRFCis an excellent long-term investment for investors who are looking for exposure to the Indian railways’ sector.