Indian Railway Finance Corp Ltd (NSE: IRFC) saw a slight uptick in its share price today, trading at ₹130.65 at 9:21 am IST, marking an increase of 0.41 points (0.31%) from the previous session. The stock opened at ₹130.80, with a high of ₹130.80 and a low of ₹130.00 during the early trading hours.
With a market capitalization of ₹1.71 lakh crore and a P/E ratio of 26.23, IRFC continues to draw attention from investors seeking stability. The dividend yield of 1.49% also contributes to its appeal among long-term shareholders. Despite recent market fluctuations, IRFC’s steady performance reflects investor confidence in the corporation's strategic role in financing Indian Railways' infrastructure projects.
Interestingly, the stock remains significantly below its 52-week high of ₹229.00, suggesting potential for growth if positive triggers emerge. Analysts are optimistic, given IRFC's critical role in India's rail infrastructure development and its consistent financial performance.
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