Indian Railway Finance Corporation Limited (IRFC) has been gaining attention in the stock market. On March 12, 2025, the IRFC share price opened at ₹120.20, slightly higher than its previous close of ₹119.30. By 9:50 AM, it was trading at ₹119.70, marking a gain of 0.34% on the National Stock Exchange (NSE).
On March 10, IRFC informed the stock exchanges that the Board of Directors are scheduled to meet on Monday, March 17, 2025, to consider the declaration of a Second Interim Dividend for the financial year 2024-25.
The record date for determining eligible shareholders has been set for Friday, March 21, 2025, subject to board approval.
Following the dividend announcement on March 10, 2025 (after market hours), IRFC’s stock opened at ₹118.00 on March 11, 2025, and closed at ₹119.30, touching a high of ₹120.60 during the session.
IRFC previously announced an interim dividend of ₹0.80 per share, which was the first for FY 2024-25. The ex-dividend date for this payout was November 12, 2024.
Established in 1986, Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition/creation of assets, which are then leased out to the Indian Railways as a finance lease.
With the upcoming board meeting on March 17, 2025, IRFC is expected to remain on investors’ radar. Market participants will closely track the stock’s performance and dividend declaration, which could impact short-term price movements.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 12, 2025, 10:06 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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