Indian Railway Finance Corporation Ltd

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Start SIP in Indian Railway Finance Corporation Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High today
49.6
TTM PE Ratio
Below industry Median
44.2
Price to Book Ratio
Above industry Median
5.8
Dividend yield 1yr %
0.7
TTM PEG Ratio
PEG TTM is much higher than 1
30.8
RSI
RSI Overbought
77.5
MFI
MFI strongly Overbought
80.6

Indian Railway Finance Corporation Ltd shareholding Pattern

Promoter
86.4%
Foreign Institutions
1.1%
Mutual Funds
0.2%
Domestic Institutions
0.9%
Public
11.7%
Promoter
86.4%
Foreign Institutions
1.2%
Mutual Funds
0.4%
Domestic Institutions
1.2%
Public
11.3%
Promoter
86.4%
Foreign Institutions
1.1%
Mutual Funds
0.5%
Domestic Institutions
1.6%
Public
10.9%
Promoter
86.4%
Foreign Institutions
1.1%
Mutual Funds
0.8%
Domestic Institutions
2%
Public
10.5%
Promoter
86.4%
Foreign Institutions
1.2%
Mutual Funds
1.4%
Domestic Institutions
2.6%
Public
9.9%
Promoter
86.4%
Foreign Institutions
1%
Mutual Funds
1.8%
Domestic Institutions
3%
Public
9.7%

Indian Railway Finance Corporation Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
204.70
10Day EMA
195.90
12Day EMA
193.60
20Day EMA
187.50
26Day EMA
184.40
50Day EMA
175.60
100Day EMA
160.80
200Day EMA
134.60
5Day SMA
205.00
10Day SMA
191.10
20Day SMA
182.90
30Day SMA
180.20
50Day SMA
174.40
100Day SMA
160.20
150Day SMA
148.30
200Day SMA
129.90
Delivery & Volume
Resistance & Support
215.41
Pivot
Resistance
First Resistance
226.42
Second Resistance
235.41
Third Resistance
246.42
Support
First Support
206.42
Second support
195.41
Third Support
186.42
Relative Strength Index
77.49
Money Flow Index
80.62
MACD
9.20
MACD Signal
5.39
Average True Range
9.42
Average Directional Index
25.02
Rate of Change (21)
22.36
Rate of Change (125)
110.99
Peer comparison
Compare
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Market Cap
52W Low
52W High
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18182.75
12.25
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183205.15
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167828.53
159.15
654
Tourism Finance Corporation of India Ltd.
1835.8
76.55
267.55
Indian Renewable Energy Development Agency Ltd.
76402.4
50
304.5

Indian Railway Finance Corporation Ltd Company background

Founded in: 1986
Managing director: Shelly Verma
Indian Railway Finance Corporation Limited was incorporated on December 12, 1986, as a Public Limited Company. Thereafter, The Company received a Certificate of Commencement of Business from the RoC on December 23, 1986. The MCA, through its notification dated October 8, 1993, classified the Company as a Public Financial Institution and subsequently, Company was registered with RBI to carry on the business of a nonbanking financial institution, pursuant to a certificate of registration dated February 16, 1998. Dated March 17, 2008, RBI classified Company as a nondeposit accepting asset finance nonbanking financial company. Thereafter, Company got reclassified as an NBFCNDIFC by RBI, through a fresh Certificate of Registration dated November 22, 2010.Indian Railway Finance Corporation (IRFC) is a Schedule A Public Sector Enterprise under the administrative control of the Ministry of Railways (MoR), Govt. of India. Since inception in 1986, IRFC has been mobilising funds from domestic and international markets for Indian Railways. The Company has made a huge contribution in the development and growth of Indian Railways and Railway entities including Rail Vikas Nigam Limited (RVNL) and IRCON. The President of India along with his nominees holds 100% of the equity share capital. The Companys principal business is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease. It is a dedicated market borrowing arm of the Indian Railways. Its primary business is financing the acquisition of rolling stock assets, which includes both powered and unpowered vehicles, for example locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies of all kinds and other items of rolling stock components as enumerated in the Standard Lease Agreement, leasing of railway infrastructure assets and national projects of the Government of India and lending to other entities under the Ministry of Railways, Government of India (MoR). The MoR is responsible for the procurement of Rolling Stock Assets and for the improvement, expansion and maintenance of Project Assets. The Company is responsible for raising the finance necessary for such activities. Over the last three decades, the company has played a significant role in supporting the capacity enhancement of the Indian Railways by financing a proportion of its annual plan outlay. The Union Budget proposed a capital expenditure of Rs. 1,602 billion for the Indian Railways for Fiscal 2020, which was higher than the capital expenditure (revised estimate) of Rs. 1,388.58 billion in Fiscal 2019. The actual capital expenditure of the Indian Railways was Rs. 1,334 billion in Fiscal 2019. In Fiscal 2019, the company financed Rs. 525.35 billion accounting for 39.38% of the actual capital expenditure of the Indian Railways.The Company follows a financial leasing model for financing the Rolling Stock Assets. The period of lease with respect to Rolling Stock Assets is typically 30 years comprising a primary period of 15 years followed by a secondary period of 15 years, unless otherwise revised by mutual consent. In terms of the leasing arrangements, the principal amount pertaining to the leased assets is effectively payable during the primary 15 years lease period, along with the weighted average cost of borrowing and a margin determined by the MOR in consultation with the company at the end of each Fiscal. Typically, the weighted average cost of borrowing factors in any expenses incurred by the company with respect to any foreign currency hedging costs and/ or losses (and gains, if any) as well as any hedging costs for interest rate fluctuations. For the second 15 year period, the company charges the Indian Railways a nominal rate which is subject to revision on mutually acceptable terms. The Company also follows a leasing model for Project Assets, which typically provides for lease periods of 30 years.The total Capital Outlay (Capital Expenditure) of MoR for the year 202021 was Rs. 1,55,161 crore out of which IRFCs disbursement against the same was significant at Rs. 1,04,369.00 crore which constitutes 67.43% of total capital outlay for the year 202021. In development of additional terminals for handling rail cargos, a new Gati Shakti MultiModal Cargo Terminal (GCT) policy was launched on 15 December, 2021. As on 31st March 2023, 86.36% of the paidup equity share capital of the Company comprising of 11,28,64,37,000 Equity Shares of Rs. 10/ each were held by President of India acting through administrative ministry i.e., Ministry of Railways (MoR). The balance 13.64% of paidup equity share capital was held by public.
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Indian Railway Finance Corporation Ltd FAQs

Indian Railway Finance Corporation Ltd shares are currently priced at 217.43 on NSE and 217.35 on BSE as of 7/11/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Indian Railway Finance Corporation Ltd [IRFC] share was 559.87. The Indian Railway Finance Corporation Ltd [IRFC] share hit a 1-year low of Rs. 32.35 and a 1-year high of Rs. 224.4.

The market cap of Indian Railway Finance Corporation Ltd is Rs. 284148.53 Cr. as of 7/11/2024 12:00:00 AM.

The PE ratios of Indian Railway Finance Corporation Ltd is 44.27 as of 7/11/2024 12:00:00 AM.

The PB ratios of Indian Railway Finance Corporation Ltd is 5.77 as of 7/11/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.18% at the end of 7/11/2024 12:00:00 AM.

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