Advertisement. Remove ads.
Indian Railway Finance Corporation (IRFC) shares gained nearly 3% on Wednesday, driven by strong performance in its June quarter earnings (Q1 FY26).
The government-owned railway financial company reported a year-on-year (YoY) net profit increase of 10.7% at ₹1,746 crore, while revenues grew by 2.2% to ₹6,915 crore. Its finance costs decreased by 0.6% YoY to ₹5,124 crore.
IRFC further improved its debt-to-equity ratio to 7.44, signaling a stronger balance sheet. The company also maintained a zero non-performing assets (NPA) ratio, reflecting its stable financial position.
Additionally, its net worth rose to ₹54,423.96 crore, and its book value per share climbed to ₹41.65, indicating robust capital strength.
Technical Trends
SEBI-registered analyst Prabhat Mittal noted that IRFC stock has corrected almost 50% from July 2024 to March 2025. Since then, the stock has consistently formed higher tops and bottoms, which is a positive sign for the stock.
Mittal added that in the last one year, IRFC has resisted multiple times at its 100-day moving average (DMA). Currently, it is taking support at this level after having breached it.
He advised that traders can consider buying this stock at its current price of ₹134, with a strict stop-loss of ₹129, targeting ₹143 and ₹148.
Data on Stocktwits shows that retail sentiment has been ‘bullish’ on this counter for a week amid ‘heavy’ message volumes.
IRFC shares have declined 10% year-to-date (YTD).
For updates and corrections, email newsroom[at]stocktwits[dot]com.