IRFC Gains 2.19% to ₹127.49 Amid ₹5,000 Cr NTPC Loan Deal

02 April 2025
2 min read
IRFC Gains 2.19% to ₹127.49 Amid ₹5,000 Cr NTPC Loan Deal
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2nd April, 2025 / 3:30 PM

IRFC share prices have closed at 127.49 today (2nd April) after opening at 124.75 for the day. This indicates growth of about 2.19%. The opening price itself was 0.29% higher than the closing price of 124.38 on 1st April. At the same time, the opening price on 1st April stood at 122.81, which was lower than the closing price of 124.42 on 28th March. Also, on 27th March, the closing price was 124.34, which was lower than the opening price of 125.95 on 28th March.

By midday, the share prices were at ₹125.93 which was 0.94% higher than the opening price and it came after the stock initially came down to ₹122.70 before recovering to ₹126.16 and then reaching the midday figure. With news of its loan deal of ₹5,000 crore with NTPC Renewable Energy, it remains to be seen how the share prices play out in the near future.

2nd April, 2025 / 12:30 PM

IRFC share prices touched 125.93 at midday, indicating a heartening rally of 0.94% more than the opening price of 124.75 on 2nd April. This comes as a positive development for investors after the stock opened nominally higher than yesterday’s closing by around 0.29%. The stock fell initially after trading started and slumped to 122.70 before recovering steadily and showing a positive growth curve. The stock has already touched a high of 126.16 before marginally dropping to the midday figure.

IRFC has already been in firm focus for its loan deal of 5,000 crore with NTPC Renewable Energy, and it has also approved its second interim dividend for the fiscal year, which is eagerly awaited by investors. 

2nd April, 2025 / 9:30 AM

IRFC share prices have opened at 124.75 today (2nd April) as compared to 124.38 yesterday. This indicates nominal growth of 0.29% for the stock, which also opened at 122.81 on 1st April. However, this was substantially lower than the closing price of 124.42 on 28th March. Again, on 28th March, the opening price stood at 125.95 although this was higher than the closing price of 124.34 on 27th March. Hence, after mixed opening trends, the stock has again opened higher than the closing price today, which should augur well for its investors. 

IRFC shares have been in focus after the updates on the company’s 5,000 crore loan deal with NTPC Renewable Energy and also its approval of the second interim dividend for FY25. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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