Funds and ETFs Indian Railway Finance Corporation Limited

Equities

IRFC

INE053F01010

Corporate Financial Services

Market Closed - NSE India S.E. 07:43:48 2024-05-10 am EDT 5-day change 1st Jan Change
148 INR +0.68% Intraday chart for Indian Railway Finance Corporation Limited -5.70% +49.02%

ETFs positioned on Indian Railway Finance Corporation Limited

Indian Railway Finance Corporation Limited is an India-based financing arm of the Indian railways. The Company operates through the Leasing and Finance segment. The Company’s 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. The Company’s main business is to finance the acquisition of rolling stock assets, leasing of railway infrastructure assets, and lending to other entities under the Ministry of Railways (MoR). It uses a leasing approach to fund Indian Railways' Rolling stock and project assets. It lends funds to MoR and other Railway Entities in order to fuel their growth plan. It also provides loans to Rail Vikas Nigam Limited (RVNL) and IRCON. It raises funds from various sources, including term loans and bonds from domestic and international market.
More about the company
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
148 INR
Average target price
32 INR
Spread / Average Target
-78.39%
Consensus
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