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Indian Railway Finance Corporation Ltd News

Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why

The GoI is focusing on improving the railway infra and ensures faster development and completion of tracks, rail electrification, rolling stock manufacturing and delivery of passenger freight services

Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why
Updated On : 08 Jul 2024 | 11:11 AM IST

IRFC shares zoom 5% amid strong Q4 results, Rs 50,000 cr fund raise plan

The stock prices of IRFC zoomed after the public sector undertaking reported strong net profits in the fourth quarter of financial year 2023-24 (Q4FY24)

IRFC shares zoom 5% amid strong Q4 results,  Rs 50,000 cr fund raise plan
Updated On : 21 May 2024 | 10:49 AM IST

IRFC Q4 results: Net profit grows 34%, total income at Rs 6,478 crore

Indian Railway Finance Corporation (IRFC) Ltd on Monday reported a 34 per cent rise in its profit to Rs 1,717.3 crore for the March 2024 quarter on account of higher income. It had clocked a profit of Rs 1,285.2 crore during the fourth quarter of the last fiscal, the state-owned company said in a regulatory filing. The company's total income rose to Rs 6,477.9 crore in the January-March quarter from Rs 6,230.2 crore in FY23. During the period under review, its expenses stood at Rs 4,760.6 crore as against Rs 4,945 crore a year ago. Besides, the board of the company also approved a final dividend of 70 paise per share for the FY 2023-24. The board of directors also approved the raising of resources for the financial year 2024-25 up to Rs 50,000 crore from both domestic and international markets. It will be raised "through a prudent mix of tax-free bonds, taxable bonds on private placement or public issue basis", including capital gain bonds, government guaranteed bonds, and govern

IRFC Q4 results: Net profit grows 34%, total income at Rs 6,478 crore
Updated On : 20 May 2024 | 7:39 PM IST

Q4 results: ONGC, Oil India, SAIL among 83 firms to post earnings today

Q4 FY24 company results: IRFC, Bharat Electronics, India Cements, City Union Bank, and VRL Logistics will are poised to release the financial report for the fourth quarter on May 20

Q4 results: ONGC, Oil India, SAIL among 83 firms to post earnings today
Updated On : 20 May 2024 | 11:35 AM IST

110 stocks from BSE 500 index more-than-doubled in FY24

The BSE 500 index zoomed 39 per, while Sensex was up 25 per cent in FY24. IRFC was the top gainer, up 439% followed by Suzlon and HUDCO.

110 stocks from BSE 500 index more-than-doubled in FY24
Updated On : 28 Mar 2024 | 2:53 PM IST

Froth remains in select PSU stocks; Q4, a test for sustainable financials

Among PSUs, Railway stocks such as Rites, IRFC and IRCTC dipped by 21.3 per cent, 8.1 per cent and over 2 per cent respectively in March, Ace Equity data shows

Froth remains in select PSU stocks; Q4, a test for sustainable financials
Updated On : 20 Mar 2024 | 12:48 PM IST

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks

As of 10 AM on Friday, Yes Bank, Voda Idea, IRFC, NHPC and Tata Steel were the top traded stocks among the Nifty 200 index. Here's a technical outlook on the select shares.

IRFC, Zomato, Voda Idea: Strategies for most actively traded stocks
Updated On : 15 Mar 2024 | 11:07 AM IST

Rail stocks: IRFC, IRCON, Texmaco Rail rally up to 15% on heavy volumes

Indian Railway Finance Corporation (IRFC), and Engineering, IRCON International, RailTel Corporation of India, RITES, Rail Vikas Nigam (RNVL) and Titagarh Rail Systems have rallied 8 to 15

Rail stocks: IRFC, IRCON, Texmaco Rail rally up to 15% on heavy volumes
Updated On : 14 Mar 2024 | 3:09 PM IST

Rail shares in focus after PM flags-off Rs 41K cr projects; RailTel up 16%

Shares of RailTel zoomed nearly 16 per cent in intra-day deals on Tuesday and have gained over 43 per cent so far this calendar year.

Rail shares in focus after PM flags-off Rs 41K cr projects; RailTel up 16%
Updated On : 27 Feb 2024 | 11:36 AM IST

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

The recent outperformance (before the sharp fall in past sessions), Jefferies said, was helped by earnings per share (EPS) upgrades and return on equity (RoE) improvement.

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way
Updated On : 14 Feb 2024 | 1:47 PM IST

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?

Barring IRFC, RVNL which have rallied sharply in the recent pasts, other rail-related stocks like IRCTC, Titagarh Rail Systems and RailTel could rally up to 23 per cent, suggest charts.

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?
Updated On : 31 Jan 2024 | 12:41 PM IST

Mid, Smallcap indices stay afloat in a choppy January; analysts cautious

The BSE Midcap and Smallcap indices have gained up to 4 per cent this month, as of Jan 25, while the benchmark BSE Sensex has declined over 2 per cent.

Mid, Smallcap indices stay afloat in a choppy January; analysts cautious
Updated On : 29 Jan 2024 | 10:14 AM IST

These 2 rail-related stocks have zoomed over 75% thus far in Jan

IRFC with market capitalisation of Rs 2.3 trillion today surpassed other state-owned companies like Power Grid Corporation (Rs 2.23 trillion), IOCL (Rs 2.11 trillion) and HAL (Rs 2.01 trillion).

These 2 rail-related stocks have zoomed over 75% thus far in Jan
Updated On : 20 Jan 2024 | 11:06 AM IST

Railway-related stocks rally up to 18%; IRFC m-cap crosses Rs 2 trillion

RVNL, IRFC, IRCON International, NBCC, RailTel Corporation of India and Texmaco Rail & Engineering were up in the range of 5% to 18%.

Railway-related stocks rally up to 18%; IRFC m-cap crosses Rs 2 trillion
Updated On : 19 Jan 2024 | 12:19 PM IST

OFSS, IRFC zoom up to 70% so far in 2024! Charts show more legs in rally

As many as 274 out of the Nifty 500 stocks held gains as of Jan 19, even as the benchmark BSE Sensex was down 2 per cent for the new year. Here's what charts suggest for select early movers of 2024.

OFSS, IRFC  zoom up to 70% so far in 2024! Charts show more legs in rally
Updated On : 19 Jan 2024 | 11:46 AM IST

This railways related stock surpasses Tata Steel, Jio Fin, VBL in m-cap

With market cap of Rs 1.74 trillion, IRFC now stands at 41st position in overall market cap ranking on Monday, the BSE data shows.

This railways related stock surpasses Tata Steel, Jio Fin, VBL in m-cap
Updated On : 15 Jan 2024 | 12:12 PM IST