Authorities firm IRFC may give second interim dividend reward, board assembly might be held on March 17 – INA NEWS
The board of the federal government firm Indian Railway Finance Company (IRFC) goes to satisfy on March 17. On this assembly, the corporate’s shareholders might be thought of giving a second interim dividend for FY 2024-25. Nevertheless, the corporate has already set a file date for dividend on 21 March 2025. By this date, shareholders whose names might be within the information of the Register of Members of the Firm or Depositors because the beneficiaries homeowners of shares might be entitled to dividend.
IRFC has not too long ago acquired ‘Navratna’ standing. Earlier, IRFC declared an interim dividend of 80 paise per share on 22 October 2024, for which the file date was 12 November 2024. The corporate’s inventory is presently priced at Rs 117.70 on BSE. The market cap is Rs 1.53 lakh crore. The face worth of the inventory is Rs 10. By the tip of December 2024, the federal government had 86.36 p.c stake within the firm.
IRFC inventory has turn out to be cheaper by 21 p.c to date within the yr 2025
Based on BSE information, IRFC shares have strengthened 330 p.c in 2 years. The worth in 6 months has come down round 30 p.c and within the yr 2025 to date, 21 p.c has come down. The inventory’s 52 -week excessive stage was seen on Rs 229.05 on 15 July 2024. The inventory noticed a 52 -week low of Rs 108.05 on 3 March 2025. The higher circuit for the inventory is Rs 129.45 and the decrease circuit is Rs 105.95.
Multibagger Inventory: ₹ 1.10 lakhs turned ₹ 1 crore, acquired 9800% great return in 5 years
Revenue in December quarter Rs 1630 crore
Within the October-December 2024 quarter, IRFC’s standalone foundation was recorded at Rs 6,763.43 crore. Throughout this era, the corporate’s internet revenue was Rs 1,630.66 crore and Earnings was Rs 1.25 crore per share. In FY 2024, the corporate’s income was Rs 26,645.36 crore, internet revenue of Rs 6,412.10 crore and Earnings per share at Rs 4.91 crore.
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Authorities firm IRFC may give second interim dividend reward, board assembly might be held on March 17
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