Indian Railway Finance Corporation Share Price Live Updates Today
Indian Railway Finance Corporation (IRFC) saw notable movement on the stock market during the latest trading session. The stock opened at ₹143.65 and closed slightly lower at ₹141.70, reflecting some irregularity throughout the day.
At the highest point, IRFC reached ₹149.30, while the lowest point of the session was ₹141.95. The company currently holds a market capitalization of ₹193,714.50 crores. Over the past 52 weeks, IRFC’s stock has fluctuated between a high of ₹229.05 and a low of ₹116.70. On the Bombay Stock Exchange (BSE), 1,850,451 shares were traded during the session.
Latest Updates
As of the latest updates, IRFC’s stock price is at ₹150.75, hanging between key support and resistance levels of ₹143.9 and ₹150.79. Traders are closely watching these levels, as a drop below ₹143.9 could indicate a further decline in the stock’s value. Conversely, if the price surpasses ₹150.79, it may signal a bullish breakout, suggesting potential upward momentum.
Analysts have issued a “Hold” recommendation for IRFC, with the median price target set at ₹50. This target is notably lower than the stock’s current market value, implying a downside of approximately 66.82%. Both the lowest and highest analyst targets for the stock are also ₹50, pointing to a conservative outlook for IRFC’s performance in the near future.
Given the stock’s current price levels and the analyst projections, investors are advised to monitor IRFC closely, especially around the critical support and resistance levels, to gauge any potential shifts in market sentiment.
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