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Nov 29, 2021 · Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilizing funds from domestic and overseas markets to meet the pre-dominant portion of Extra Budgetary Resources requirement of Indian Railways.
Indian Railway Finance Corp. Ltd. engages in the business of borrowing funds from the finance markets to finance the acquisition of assets which are leased out to the Indian Railways as finance lease. The company was founded on December 12, 1986 and is headquartered in New Delhi, India.
Railway stocks decline post limited focus on the sector in Union Budget 2024-2025. Ircon International shares fell 8%, while other stocks saw decline between 3.3% and 6.2%. Despite the downturn ...
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2 days ago · IRFC - Indian Railway Finance Corporation Share Price. 183.44 -0.13 (-0.07 %) Volume: 5,05,38,191. Closed. Last Updated On: 26 Jul, 2024, 04:12 PM IST. Add to Watchlist. STOCK SCORE. ETPrime Only. Loading... IRFC share price insights. Candle Formations Yesterday. Black Spinning Top was formed for IRFC. Stock Returns vs Nifty 100.
Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [5] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [6] [7] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control. [8] History.
Jul 18, 2024 · IRFC shares have dropped 9% from last Friday's high of Rs 224. RVNL shares have also witnessed a similar trajectory, marking its fourth consecutive day of decline. IRCON International shares have tanked nearly 11.5% from Monday's high of Rs 351. RailTel shares, after surging over 14% last Friday, have given up almost all those gains, falling 15 ...
Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India.
