IRFC Drops 1.5% to ₹125.69 Despite Recent Gains and NTPC Loan Deal

4th April, 2025 / 3:30 PM

IRFC share prices have been a contrasting story from 3rd April to today (4th April). They have closed at ₹125.69, which is a good 1.51% lower than the opening price of ₹127.62 for the day. Even the latter was lower than the closing price of ₹129.29 on 3rd April (by 1.29%). At midday, there was a marked plunge, with the share prices touching ₹125.57 after hitting a peak of ₹128.18 in initial trading and then falling to ₹124.67.

The trend has clearly continued till the close, making IRFC the latest entrant into the list of marquee PSU stocks that are witnessing contrasting fortunes today. What makes it even more surprising is that the stock closed 3.26% higher than the opening price yesterday, fuelled by news of its loan deal with NTPC Renewable Energy and the approval of its second interim dividend. However, these developments seem to have waned out, considering its performance today. 

4th April, 2025 / 12:30 PM

IRFC share prices continued their downward curve from the morning, touching ₹125.57 at midday, indicating a drop of 1.60% from the opening price of ₹127.62 today. Incidentally, the opening price itself was lower than yesterday’s closing price by 1.29%. Hence, after the initial euphoria about the ₹5,000 loan deal with NTPC Renewable Energy and the second interim dividend approval settled, the stock has show downward movements majorly throughout today.

The stock peaked at ₹128.18 today after a good initial session, before plunging sharply to ₹124.67 before rising slightly and then coming down to the midday figure mentioned above. Will it continue the downward spiral or recover like yesterday? That’s the question that needs an answer by the close.

4th April, 2025 / 9:30 AM

IRFC share prices have opened today (4th April) at ₹127.62, which is about 1.29% lower than the closing price of ₹129.29 on 3rd April. This is a complete reversal of the pattern seen on the 3rd, when the stock closed 3.26% above the opening price of ₹125.20 for the day. The ₹5,000 crore loan deal with NTPC Renewable Energy and approval of the second interim dividend may have fueled growth later in the day, although the opening sentiments indicate a downward slide, although the stock could always recover to higher levels by midday. 

Very interestingly, the opening price on 2nd April, i.ie. ₹124.75 was higher than the closing price of ₹124.38 on 1st April. At the same time, the opening price yesterday was 1.79% lower than the closing price on 2nd April, i.e. ₹127.49. It remains to be seen how it pans out throughout the trading day. 

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