IRFC shares needs not an introduction any more. It is one of the high demanding railway stocks in India. For the last 1 year, IRFC shares price has been increasing like a rocket. Investors are highly satisfied with the return of the IRFC stocks.
IRFC is now the KING of all Indian railway stocks.
Check IRFC Shares Price
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Those who have already invested in this stock are very lucky. And those who are still thinking of investing should know that there is still have opportunities in IRFC.
Table of Contents
10 key events for Indian Railway Finance Corporation Ltd
#1 Optimistic Sector-IRFC shares/ Best in 1 Year
In the last 1 year, IRFC has outperformed top 7 stocks with highest market cap in Corporation Financial Services.
IRFC shares surged around 60% to hit a new/fresh 52-weeks high on optimistic railway sector ahead of Interim Budget.
#2 Upgraded to Large Cap Category
IRFC has been upgraded from mid-cap to large cap category by the Association of Mutual Funds in India (AMFI) for H1 CY 24.
#3 Top wealth Creator stock in last 1 year – 5 year
IRFC has emerged as the as the top ‘wealth creator’ with an impressive return of 383.69% in 1 year, 535.14% in 3 years and 538.35% in 5 years. The stock reached a market capitalization of 1 lakh crore on 11th September, 2023.
#4 Potential Disinvestment
Indian Railway Finance Corporation Ltd sees technical breakout potential amidst surge to 52 week high and finance ministry’s plan to sell up to 10% stake.
#5 Retail Holding UP
Retail investors have increased their holdings from 10.48% to 10.87% in the last quarter 2023.
#6 Impressive Promoters’ Holding
Promoters holding is considered to justify whether a stock is fundamentally strong or not. if the promoters’ holding is more than 75%, the stock is considered of strong fundamental.
IRFC shares’ promoters’ holding is more than 86%. It is a great news.
#7 Total Asset is Up
Total asset has been increasing from 2 Lakh 6 thousand crore in 2019 to 4 Lakh 91 thousand crore in 2023.
Total asset will increase more.
#8 Trending Stock
IRFC is one of the trending stocks in Indian stock market. Besides, IRFC shares price in below Rs. 500
#9 Analyst Ratings
Based on analysts report 50% hold and 50% buy but not sell.
#10 Dividend Stock
IRFC offers 0.94% dividend. Per year IRFC offers 2-3 times interim and final dividend.
Bottom Lines: Strong Reasons to Grab IRFC Shares Price Now!
IRFC is on the right track in Indian stock market. The stock has huge potential to reach even higher price and hit all the target prices that experts predicted.
Disclaimer: Investing in IRFC stocks is subject to market risk so invest at your own risk analysis.
I am a personal finance, stock market update, etc.-related blog post writer. Besides, I am a stock market trader. I invest in IPOs, stocks, Etc. I publish valuable posts and information here.
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