Latest Live Updates on Indian Railway Finance Corporation Share Price Today – 06 Jan 2025
The Indian Railway Finance Corporation (IRFC) has been experiencing fluctuations in its share price in the stock market. On the last trading day, the stock opened at ₹153.45 and closed slightly lower at ₹152. The stock reached a high of ₹156.8 and a low of ₹152.85 during the day. The company’s market capitalization stands at ₹198,693.6 crore, with a 52-week high of ₹229.05 and a low of ₹97.9.
Today, the trading volume for IRFC has decreased by 29.14% compared to yesterday, with the stock price at ₹145.5, reflecting a drop of 5.3%. Analyzing volume alongside price is crucial for identifying trends in the market. When there is a positive price movement accompanied by increased volume, it often indicates a sustainable upward trend. Conversely, negative price movement with high volume may signal a potential further decline in prices.
The consensus analyst rating for IRFC is Hold, with a median price target of ₹50.0, which is 65.85% lower than the current market price. The lowest and highest target prices among analyst estimates are also ₹50.0. These target price estimates are for the next 1 year.
Overall, the stock has been showing a bearish trend in the short term and long term, according to technical analysis. The simple moving average for IRFC over different time periods also indicates fluctuations in the stock price.
Investors and traders are advised to closely monitor the support and resistance levels for IRFC, as well as the trading volume and price movements, to make informed decisions in the stock market.
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