IRFC Shares Rally 8% as Technicals Signal Trend Reversal and Analyst Optimism Grows
May 16, 2025 03:39 PM IST
IRFC shares jumped 8% amid strong volumes and bullish analyst outlooks. Despite a dip in Q4 net profit, revenue rose, and technicals signal further upside potential.
Shares of Indian Railway Finance Corporation (IRFC) surged 7.68% on Friday, reaching a high of Rs 140.20, extending gains for the third consecutive session. The rally came amid strong trading volumes, with 33.92 lakh shares traded on the BSE—well above the two-week average of 13.10 lakh. The stock registered a turnover of Rs 46.40 crore, pushing its market capitalization to Rs 1.81 lakh crore.
Despite a 2.1% year-on-year (YoY) decline in net profit to Rs 1,682 crore in Q4 FY25, IRFC reported a 3.8% rise in revenue from operations to Rs 6,722.83 crore during the same period. The stock’s performance and financials have kept analysts optimistic in the short term.
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Technical analysts noted positive momentum. Osho Krishan from Angel One highlighted a 15% weekly gain, signaling a potential trend reversal, with resistance expected at Rs 145 and Rs 150–152. He added that support had shifted to the Rs 120–125 range.
AR Ramachandran, a SEBI-registered analyst, said the stock remains bullish on daily charts, with strong support at Rs 130 and potential to touch Rs 155 upon a daily close above Rs 138. Ravi Singh from Religare Broking echoed similar views, projecting a near-term target of Rs 150 and support around Rs 132.
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Technically, the stock trades above its 5-day simple moving average (SMA) but remains below its 10–200-day SMAs, indicating mixed trends. Its 14-day Relative Strength Index (RSI) stands at 66.83—near overbought territory.
IRFC, a ‘Navratna’ PSU, finances railway infrastructure by borrowing from markets and leasing assets to Indian Railways. As of March 2025, the Indian government holds an 86.36% stake. The company has a P/E ratio of 26.03, P/B of 3.31, EPS of 5, and an RoE of 12.7%. With a beta of 1.4, the stock exhibits higher-than-average volatility.
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Shares of Indian Railway Finance Corporation (IRFC) surged 7.68% on Friday, reaching a high of Rs 140.20, extending gains for the third consecutive session. The rally came amid strong trading volumes, with 33.92 lakh shares traded on the BSE—well above the two-week average of 13.10 lakh. The stock registered a turnover of Rs 46.40 crore, pushing its market capitalization to Rs 1.81 lakh crore.
Despite a 2.1% year-on-year (YoY) decline in net profit to Rs 1,682 crore in Q4 FY25, IRFC reported a 3.8% rise in revenue from operations to Rs 6,722.83 crore during the same period. The stock’s performance and financials have kept analysts optimistic in the short term.
Also Read| NSE Seeks Finance Ministry’s Intervention in Prolonged IPO Deadlock with SEBI
Technical analysts noted positive momentum. Osho Krishan from Angel One highlighted a 15% weekly gain, signaling a potential trend reversal, with resistance expected at Rs 145 and Rs 150–152. He added that support had shifted to the Rs 120–125 range.
AR Ramachandran, a SEBI-registered analyst, said the stock remains bullish on daily charts, with strong support at Rs 130 and potential to touch Rs 155 upon a daily close above Rs 138. Ravi Singh from Religare Broking echoed similar views, projecting a near-term target of Rs 150 and support around Rs 132.
Also Read|Ant Group to Divest 4% Stake in Paytm via Block Deal Worth ₹2,200 Crore
Technically, the stock trades above its 5-day simple moving average (SMA) but remains below its 10–200-day SMAs, indicating mixed trends. Its 14-day Relative Strength Index (RSI) stands at 66.83—near overbought territory.
IRFC, a ‘Navratna’ PSU, finances railway infrastructure by borrowing from markets and leasing assets to Indian Railways. As of March 2025, the Indian government holds an 86.36% stake. The company has a P/E ratio of 26.03, P/B of 3.31, EPS of 5, and an RoE of 12.7%. With a beta of 1.4, the stock exhibits higher-than-average volatility.
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