IRFC Stock To Buy Today: Indian Railway Finance Corporation (IRFC) shares opened on a positive note in the first trading session of 2025. On the first day of 2025, IRFC shares closed at ₹150 on the NSE, showing good performance despite some profit booking after the seven-month sharp rally in 2024.
IRFC has generated a return of 49% till the end of 2024 and at the current price, IRFC shares are 35% lower than its 52-week high of ₹ 229, which was seen on July 15, 2024.
Is it the right time to buy IRFC shares?
Advice for investors on IRFC
Kunal Parar, Vice President, Choice Equity, said that the long-term outlook for IRFC shares is strong and it can regain the all-time high of ₹ 229. In the short-term, he suggests maintaining a stop-loss of ₹ 144. If IRFC shares fall below ₹ 144, it can go up to ₹ 120.
IRFC Share Price Target 2025: What to do?
ET NOW Swadesh panelist Sachin said that the price of IRFC shares is moving in a channel on the charts. After bouncing back from the low of ₹144, if it crosses the resistance of ₹153, it can go up to ₹170-175. He suggests that investors 'hold' for now and maintain a stop loss of ₹140.
Important level for investors on IRFC
- Resistance: ₹153
- Support: ₹144
- Target: ₹170-175
- Stop Loss: ₹140
IRFC shares have given a spectacular return of 362% and 557% in the last two years. Currently, the total market cap of IRFC is ₹1.96 lakh crore.
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