Interim Dividend & NTPC Deal Not Enough To Push IRFC Prices Above Opening

11th April, 2025 / 3:30 PM

IRFC share prices started the day at ₹126, which was a good start for the stock, opening at around 2.38% above the closing price on 9th April, i.e., ₹123.06. Also, this closing price was lower than the 9th April opening price of ₹124.40 by around 1.07%. Share prices have now closed at ₹124.11, which is about 1.5% lower than the opening price, in a clear continuation of the trend observed at midday.

By midday, the share prices dropped to ₹124.80, around 0.95% lower than the opening price. This came after a peak of ₹125.58 after the initial drop and then a slump to ₹123.55 before rising slightly to the midday numbers. The ₹5,000 crore loan deal with NTPC Renewable Energy could be a big factor in times to come for the stock, along with news of its second interim dividend announcement.

11th April, 2025 / 12:30 PM

IRFC share prices have come down to ₹124.80, which represents a drop of 0.95% in comparison to the opening price of ₹126 today (11th April). This comes after the stock opened 2.38% above the closing price of ₹123.06 on 9th April. After an initial slump, the stock hit a peak of ₹125.58 and then came down to ₹123.55 thereafter in a marked slump. However, it has slightly gone up to reach the midday numbers thereafter.

The share prices will be closely watched till the closing, since the company has already announced its second interim dividend, which is being monitored by investors. At the same time, the ₹5,000 crore loan deal with NTPC Renewable Energy may also impact share prices going forward. 

11th April, 2025 / 9:30 AM

IRFC has been making headlines for its ₹5,000 crore loan deal with NTPC Renewable Energy and also an announcement of its second interim dividend. Now, these developments have clearly impacted the stock in terms of interesting fluctuations in share prices. The IRFC shares opened higher at ₹126 , higher than the closing price of ₹123.06 on 9th April by 2.38%. Very interestingly, the closing price itself was lower than the opening price for the day (₹124.40) by about 1.07%. Also, the opening price was also slightly lower than the closing price of ₹124.41 on 8th April. 

It remains to be seen how these developments play out for the IRFC stock by midday, especially since the stock did close lower than the opening price for two straight days. 

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