IRFC share price today closed at ₹141.23 in Thursday’s trading session. Today Irfc share price increased by ₹6.50. Irfc’s full name is Indian Railway Finance Corporation Limited. Irfc company provides loans for railway infrastructure development. Irfc’s market cap is 15219.90 crores. Promoters’ holding in Irfc shares is 86.36%, while retail and others’ holding is 11.39%. If we talk about FIIs, then their holding is 1.01%.
Irfc share price today
Today Irfc’s share has increased by 4.59%. A good volume of buyers was seen in Irfc’s share price today. The budget is going to come on February 1 and the government has a lot in the budget for the development of railways. Along with railways, the budget also focuses on roads, so Irfc is getting good volume for the last 2 days. For roads, you can focus on NCC shares. I have already posted a blog for NCC. Today Irfc share closed at ₹ 148.23 and NCC share is also getting good volume for 2 days and NCC share closed at ₹ 141.90 on Thursday.
Irfc share price target
Irfc share price action is looking very good. Irfc share has a double bottom pattern. Irfc share price is trading at the breakout level of this double bottom pattern. If the double bottom pattern breaks out, it can reach the target of ₹ 170. If the budget is good, then this target can go up to ₹ 180 to ₹ 190. To take a buy side entry in Irfc share price, a good entry can be taken from 145 to 150. Talking about stop loss, you can keep it at ₹ 138.
Disclaimer
This information is only for educational purpose. Any investment and Before trading, you must take advice from your financial advisor.