Indian Railway Finance Corporation Price Today
About IRFC
Indian Railway Finance Corporation (IRFC) is the dedicated financing arm of Indian Railways. It was established in 1986 under the Ministry of Railways, Government of India. The company is responsible for raising funds for railway infrastructure projects and rolling stock purchases like locomotives, wagons, and coaches.
Company Details
- Full Name: Indian Railway Finance Corporation Ltd.
- Founded: December 12, 1986
- Headquarters: New Delhi, India
- Sector: Financial Services (Infrastructure Financing)
- Industry: Non-Banking Financial Company (NBFC), Public Sector Undertaking (PSU)
- Parent Organization: Ministry of Railways, Government of India
- Listing: BSE (Bombay Stock Exchange), NSE (National Stock Exchange)
- Stock Ticker: IRFC
Business Model
IRFC funds railway projects by borrowing from domestic and international markets at competitive interest rates. It then leases rolling stock and assets to Indian Railways. The revenue model is based on lease payments from Indian Railways, making IRFC a low-risk company due to government backing.
1. Is IRFC a government company?
Yes, IRFC is a public sector enterprise under the Ministry of Railways.
2. What is the main role of IRFC?
It finances railway projects by raising funds from domestic and international markets.
3. Is IRFC a good investment?
It is considered a low-risk investment due to government backing, but returns depend on railway growth and interest rates.
