Further Slump for IRFC, Stock Closes 1.07% Below Opening Prices

9th April, 2025 / 3:30 PM

IRFC share prices touched ₹123.94 by midday today, and it was about 0.36% lower than today’s opening price of ₹124.40. This came as a bit of a disappointment after the stock opened only negligibly lower than yesterday’s closing price of ₹124.41. Yet, the latter was also lower than yesterday’s opening price of ₹126.50. Today, the prices have closed at ₹123.06, which is 1.07% lower than the opening price.

Before hitting the midday figures, there was a series of dips and highs, with the stock peaking at ₹124.35 after a sustained drop and then coming down to ₹122.58. It remains to be seen whether

9th April, 2025 / 12:30 PM

IRFC share prices have touched ₹123.94 by midday, indicating a plunge of 0.36% from the opening price of ₹124.40 today (9th April). This comes as a disappointment for investors after the stock mostly held steady at opening in comparison to the closing price of ₹124.41 yesterday. News of the second interim dividend announcement of the company and its loan deal of ₹5,000 crore with NTPC Renewable Energy may still spring a few surprises for the stock by the end of the day.

There was an initial sequence of peaks and troughs, with the prices hitting ₹124.35 after the first slump and then coming down sharply to ₹122.58 before recovering a little and going up to the midday figure. 

9th April, 2025 / 9:30 AM

IRFC share prices have mostly held steady, opening at ₹124.40 today (9th April), which is negligibly lower than yesterday’s (8th April) closing price of ₹124.41. The latter, however, was about 1.65% lower than the opening price of ₹126.50 on 8th April. The stock opened 2.57% above the closing prices on 7th April although it did fall at midday and the slump continued well into the closing. 

IRFC will be in firm focus today for the possible impact of its second interim dividend declaration and further updates on its growing loan book. A ₹5,000 crore loan deal with NTPC Renewable Energy may also propel it towards further recovery or there could be prevailing sentiments that pull it downwards by the end of the day. 

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