Indian Railway Finance Corporation (IRFC) is currently trading at Rs. 114.60, up by 3.45 points or 3.10% from its previous closing of Rs. 111.15 on the BSE.
The stock opened at Rs. 111.35 and recorded a high of Rs. 115.40 and a low of Rs. 110.15 during the session, with 16,53,877 shares traded so far.
IRFC, classified under the BSE Group 'A', has a face value of Rs. 10. It reached a 52-week high of Rs. 229.05 on July 15, 2024, and a 52-week low of Rs. 108.05 on March 3, 2025. In the last week, the stock fluctuated between Rs. 123.95 and Rs. 108.05. The company’s market capitalization stands at Rs. 1,50,418.50 crore.
Promoters hold 86.36% of the company, while institutions and non-institutions own 2.25% and 11.39%, respectively.
In a significant development, IRFC has been granted ‘Navratna Status’ by the Government of India. This recognition provides the company with greater financial and operational autonomy, enabling faster decision-making and improved efficiency.
Navratna companies can undertake investments of up to Rs. 1,000 crore without requiring approval from the Central Government.
IRFC serves as the dedicated market borrowing arm of Indian Railways, playing a crucial role in funding railway infrastructure projects.