IRFC Share Price Gains 1.25% to Rs. 124.30, But Analysts Warn of Weak Trend
Despite a 1.25% daily rise, the overall trend of IRFC is bearish, as confirmed by moving averages and Bollinger Bands.
IRFC is overvalued with a P/E multiple of 23.77 compared to the industry average of 11.20.
- The stock is rated by all analyst coverage as a 'Sell'.
- Poor technical and relative performance against the Sensex.
Indian Railway Finance Corporation (IRFC) share price rose 1.25% to Rs. 123.13, with an intraday high of Rs. 125 and a low of Rs.
Technical indicators reflect a bearish bias, warranting caution as the short-term rally may not yet signal a trend change.
IRFC stock day's trading volume was 4.
Author's summary: IRFC share price rises 1.25% despite bearish trend.
More News
- Man City XI vs Leeds: Predicted lineup and confirmed team news
- Man Utd Predicted Lineup vs Crystal Palace
- ‘Just The Beginning’—$6.6 Trillion December Fed Flip Predicted To Trigger Massive Bitcoin Price Shock
- Quarterfinal: Al-Kholood vs Al-Khaleej
- Theatreisation Gains Momentum in India
- Predicted Shropshire Council overspend keeps growing as latest estimate passes £50m
- WWE Survivor Series 2025 Preview
- Saudi Arabia becomes the new strategic front line as US navigates regional rivalries
- £3.53 for The Traitors? The BBC licence fee is a bargain