This railway stock is a great dividend, the chance to buy till 20 March!

Indian Railway Finance Corporation (IRFC) shares are in discussion this week. The company has fixed the date of the board meeting on 17 March 2025, where a decision will be taken on the second interim dividend for the financial year 2024-25. The record date of dividend is kept on 21 March 2025, that is, by 20 March 2025, investors who buy IRFC shares will be entitled to the dividend. Let us know what is the position of shares and how their future is going to be.

IRFC share price condition

IRFC’s share price has fallen more than 20 percent this year (YTD). This decline is due to the decline in the stock market after Donald Trump became the US President. The IRFC share price is running 49 per cent below its 52-whee high.

What are the future chances?

IRFC is now investing beyond Indian Railways and is also investing in sectors like power generation, mining, coal, warehousing, telecom and hospitality. The company has financed 20 bobr rex for NTPC, which costs Rs 700 crore. Apart from this, IRFC has made the lowest bid in a loan of Rs 3,190 crore for NTPC’s subsidiary PVUNL. At the same time, NTPC Renewable Energy Limited (NTPC RL) has also selected IRFC for a term loan (RTL) of Rs 7,500 crore.

Let me tell you, IRFC is India’s third largest government NBFC. Its revenue is more than Rs 26,600 crore and profit is more than Rs 6,400 crore. IRFC has financed 80 percent rolling stock of Indian Railways. Its market cap is more than Rs 2,00,000 crore and AUM is Rs 4.61 lakh crore.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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