In the realm of Indian financial markets, the Indian Railway Finance Corporation (IRFC) stands as a significant entity, particularly in the context of the country’s expansive railway network. As a primary funding arm of the Indian Railways, IRFC share price NSE plays a pivotal role in financing various railway projects and infrastructure developments.
Explaining IRFC and Its Share Price on NSE
The National Stock Exchange (NSE) serves as a prominent platform for trading IRFC shares, offering investors a gateway to participate in the company’s performance. Understanding IRFC share price NSE requires a grasp of both IRFC’s operations and the dynamics of the stock market.
Historical Performance of IRFC share price NSE
Since its listing on NSE, IRFC’s share price has witnessed various trends and fluctuations, influenced by a multitude of factors. Analysing the historical performance of IRFC’s share price provides valuable insights into the stock’s behaviour and potential future trends.
Metric | Value |
Open | 143.40 |
Previous Close | 141.70 |
Volume | 24,827,547 |
Value (Lacs) | 35,242.70 |
VWAP | 143.73 |
Beta | 1.89 |
Mkt Cap (Rs. Cr.) | 185,507 |
High | 145.45 |
Low | 141.60 |
UC Limit | 170.00 |
LC Limit | 113.40 |
52 Week High | 192.80 |
52 Week Low | 27.25 |
Face Value | 10 |
All Time High | 192.80 |
All Time Low | 19.30 |
20D Avg Volume | 58,174,189 |
20D Avg Delivery(%) | — |
Book Value Per Share | 34.79 |
Dividend Yield | 1.06 |
TTM EPS | 4.62 |
TTM PE | 30.73 |
P/B | 4.09 |
Sector PE | 16.20 |
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Factors Influencing IRFC share price NSE
Company Performance
IRFC’s financial performance, including factors such as revenue growth, profit margins, and debt levels, directly impacts its share price on NSE. Investors closely monitor these metrics to gauge the company’s financial health and growth prospects.
Market Conditions
External market conditions, such as overall stock market trends, economic indicators, and government policies, also play a crucial role in determining IRFC share price NSE. Changes in these factors can significantly impact investor sentiment towards the stock.
Industry Trends
The performance of the railway sector in India, including factors like passenger traffic, freight volume, and government investments in infrastructure, can influence IRFC’s share price. Industry trends and developments can signal potential opportunities or challenges for the company.
Shareholding Pattern | JUN 2023 | SEP 2023 | DEC 2023 |
Promoters | 86.36% | – | – |
FIIs | – | 1.15% | – |
DIIs | – | – | 1.15% |
Public | 11.34% | – | – |
Investor Sentiment
Investor sentiment, driven by perceptions of IRFC’s future growth potential, can impact its share price on NSE. Analyst recommendations, news articles, and market rumors can all influence investor sentiment and, consequently, the stock’s price.
How to Analyse IRFC share price NSE
Analysing IRFC share price NSE requires a combination of technical and fundamental analysis. Technical analysis involves studying price charts and trading volumes to identify trends and patterns, while fundamental analysis focuses on evaluating the company’s financial health and growth prospects.
Investors can use various tools and resources, such as financial websites, stock market apps, and brokerage platforms, to track and analyse IRFC share price NSE. Keeping abreast of news and developments related to IRFC and the railway sector can also provide valuable insights for analysis.
Investment Strategies for IRFC share price NSE
Investors looking to invest in IRFC shares can adopt different strategies based on their investment goals and risk tolerance. Long-term investors may consider buying and holding IRFC shares, benefiting from potential capital appreciation and dividends over time.
On the other hand, short-term traders may employ strategies such as swing trading or day trading to profit from short-term price movements in IRFC shares. However, short-term trading carries higher risks and requires a keen understanding of market dynamics.
Expert Insights and Forecasts for IRFC share price NSE
Industry experts and analysts often provide insights and forecasts regarding IRFC share price NSE. These insights can be valuable for investors looking to make informed decisions. However, it’s important to note that forecasts are speculative in nature and may not always be accurate.
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Conclusion
IRFC share price NSE involves a comprehensive analysis of various factors, including the company’s performance, market conditions, industry trends, and investor sentiment. By staying informed and adopting suitable investment strategies, investors can navigate the dynamics of IRFC share price NSE and make informed investment decisions.