Shares of Indian Railway Finance Corp., rose over 4% on Wednesday after the company post an impressive first quarter results for fiscal 2025-26.
IRFC posted a 10.7% rise in its net profit for the quarter ended June 2025, as per an exchange filing on Tuesday.
The financier's bottom line rose to Rs 1,745.7 crore, as compared to the Rs 1,576.8 crore it reported in the same quarter of the previous fiscal, the filing stated.
IRFC Share Price
Shares of IRFC rose as much as 4.61% to Rs 136.80 apiece. They pared gains to trade 3.23% lower at Rs 134.99 apiece, as of 10:03 a.m. This compares to a 0.17% advance in the NSE Nifty 50.
The stock has fallen 30.53% in the last 12 months and 9.47% year-to-date. Total traded volume so far in the day stood at 9.8 times its 30-day average. The relative strength index was at 37.54.
An analyst tracking the company suggests 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential downside of 62.9%.
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