Indian Railway Finance Corporation Limited granted Navratna status by Government of India
Indian Railway Finance Corporation (IRFC) has been granted Navratna status by the Government of India. This prestigious status recognizes the company's strong financial performance and strategic importance in the Indian economy. With this status, IRFC will have greater autonomy in decision-making and will be able to enter into joint ventures and collaborations. The company has already secured funding for various projects, including for NTPC and its subsidiaries. IRFC is also actively exploring opportunities to fund rolling stock requirements for Indian Railways customers. This is a significant milestone for IRFC and a testament to its role in the development of the Indian railways sector.
Indian Railway Finance Corporation Ltd (IRFCL) provides finance for the acquisition of rolling stock and other assets for Indian Railways and its subsidiaries.
Top Financial Institution Stocks
| Stock Name | MCap(Cr) | P/E Ratio | 3Y Stock Ret. |
|---|---|---|---|
| Stock Name | MCap(Cr) | P/E Ratio | 3Y Stock Ret. |
 Indian Railway Finance Corporation Ltd NSE: IRFC | 1,46,916 | 22.47 | 73.03% |
 Power Finance Corporation Ltd NSE: PFC | 1,20,222 | 5.39 | 60.79% |
 Rec Ltd NSE: RECLTD | 94,875 | 6.06 | 57.83% |
 Indian Renewable Energy Development Agency Ltd NSE: IREDA | 41,934 | 27.33 | - |
 Housing & Urban Development Corporation Ltd NSE: HUDCO | 33,059 | 12.33 | 69.02% |
FAQs
Indian Railway Finance Corporation Ltd has a market cap of 146916.14 crores
Indian Railway Finance Corporation Ltd has a pe of 22.47
Indian Railway Finance Corporation Ltd has a profit growth of 13.24%
Indian Railway Finance Corporation Ltd has returns of 73.03%
Indian Railway Finance Corporation Ltd has a roce of 5.73%
Indian Railway Finance Corporation Ltd has a sales growth of 19.1%
Indian Railway Finance Corporation Ltd has a debt-equity ratio of 7.81
What is the market cap of Indian Railway Finance Corporation Ltd?
Indian Railway Finance Corporation Ltd has a market cap of 146916.14 crores
What is the pe ratio of Indian Railway Finance Corporation Ltd?
Indian Railway Finance Corporation Ltd has a pe of 22.47
What is the profit growth of Indian Railway Finance Corporation Ltd?
Indian Railway Finance Corporation Ltd has a profit growth of 13.24%
What is the 3 year stock reurn of Indian Railway Finance Corporation Ltd?
Indian Railway Finance Corporation Ltd has returns of 73.03%
What is the roce of Indian Railway Finance Corporation Ltd?
Indian Railway Finance Corporation Ltd has a roce of 5.73%
What is Indian Railway Finance Corporation Ltd's sales growth?
Indian Railway Finance Corporation Ltd has a sales growth of 19.1%
What is the debt-equity ratio of Indian Railway Finance Corporation Ltd?
Indian Railway Finance Corporation Ltd has a debt-equity ratio of 7.81