SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Railway Finance Corporation gains on inking MoU with IIFCL

12 Oct 2022 Evaluate

Indian Railway Finance Corporation is currently trading at Rs. 21.50, up by 0.15 points or 0.70% from its previous closing of Rs. 21.35 on the BSE.

The scrip opened at Rs. 21.40 and has touched a high and low of Rs. 21.50 and Rs. 21.40 respectively. So far 103032 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.35 on 25-Oct-2021 and a 52 week low of Rs. 19.30 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 21.55 and Rs. 21.20 respectively. The current market cap of the company is Rs. 27901.26 crore.

The promoters holding in the company stood at 86.36%, while Institutions and Non-Institutions held 4.27% and 9.36% respectively.

Indian Railway Finance Corporation (IRFC) has signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company (IIFCL), a Public Sector Enterprise under the Ministry of Finance, to strengthen cooperation in financing railway infrastructure projects with forward and backward linkages to Indian Railways sector. Through this MoU, IRFC and IIFCL plan to amplify each other’s capabilities, enabling them to jointly leverage the financing opportunities for viable infrastructure projects.

The MoU shall also enable both IRFC & IIFCL, being premier and established financing institutions in their respective domains, to scale-up their capabilities and explore such funding opportunities together by combining their competence & expertise. The MoU will benefit both IRFC and IIFCL to capitalize on each other’s expertise in infrastructure project financing, project due diligence, syndication, credit enhancement, re-financing etc.

IRFC was incorporated as the dedicated market borrowing arm for the Indian Railways and has played a strategic role in financing the latter's operations

Indian Railway Fin. Share Price

104.85 1.61 (1.56%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 464.85
REC 373.35
Indian Railway Fin. 104.85
NHIT 151.00
Satin Creditcare 174.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×