Written by IRFC’s stock had a great day, jumping up by roughly 7% to hover around ₹139.50. This is the third day in a row that the stock has seen such a strong rally. Traders were very active, and the stock did much better than its previous close of ₹130.24.
Experts seem optimistic, pointing to a strong support level at ₹130. If the stock ends the day above ₹138, it could potentially reach ₹150-155 soon.
Even though IRFC’s net profit for the fourth quarter of FY25 went down by 2.1% compared to the same time last year, its revenue went up by 3.8%. The stock has risen by about 15% this week, which might mean things are turning around, although it’s still below its 52-week high of ₹229.
IRFC Share Current Trend
Current Price: Around ₹139.50, up 7% today.
Trend: The stock is showing some serious short-term momentum, and experts are feeling positive about the near future.
Support/Resistance: The support level is at ₹130, while resistance is at ₹138 and then again in the ₹145-155 range.
Recent Results: Profit saw a small decrease, but revenue is up.
Analysts are pointing out that IRFC’s financials are looking strong overall, with steady improvements in its key metrics.