Indian Railway Finance Corporation (IRFC) saw a mixed day in the stock market today, with its share price experiencing fluctuations throughout the trading session. The open price for IRFC was ₹152.25, closing slightly lower at ₹152.2. The stock’s high for the day was ₹152.85, while the low was ₹146.3. The market capitalization of IRFC stood at ₹191976.35 crore, with a 52-week high of ₹192.8 and a low of ₹31.21. A total of 1,732,253 shares were traded on the BSE.
Among its peers, IRFC’s share price dropped by 1.57% to reach ₹144.6, while other companies like Mindspace Business Parks REIT and Dhunseri Investments showed an upward trend. Overall, the benchmark indices Nifty and Sensex were up by 0.31% and 0.46% respectively.
The technical analysis of IRFC’s share price suggests a bearish near-term outlook, with the stock trading between key support and resistance levels of ₹144.5 and ₹150.9. If the price crosses the support level, further bearish movement can be expected, while crossing the resistance level may lead to a bullish trend.
Overall, IRFC’s share price has shown resilience in the market, with fluctuations reflecting the broader trends in the stock market. Investors will be closely watching future developments to gauge the company’s performance in the coming days.
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