IRFC BUY SELL OR HOLD ?IRFC shares zoom 20% to hit record high .

IRFC Share Price Today NSE: The stock or IRFC has risen 103.6 per cent on a year-to-date basis and 169 per cent since listing on January 28, 2021. 

Indian Railway Finance Corp. (IRFC) made headlines on September 4, 2023, as its shares soared by approximately 20 percent, reaching an all-time high of Rs 66.90 on the National Stock Exchange (NSE). The trading volume for IRFC was notably robust, with approximately 37.83 crore shares changing hands on the NSE. The day began with the stock opening at Rs 57.70, and it steadily climbed to its peak of Rs 66.90 around 12:03 p.m. These developments beg the question: Should you buy, sell, or hold IRFC shares? AK Prabhakar, the Head of Research at IDBI Capital Markets & Securities Ltd, shared his insights on the matter. He suggests that investors might want to consider booking profits by selling 50-60 percent of their IRFC holdings. Prabhakar highlights that IRFC boasts a stable business, virtually ruling out the possibility of non-performing assets (NPAs). However, it's important to note that the returns have already doubled. Therefore, Prabhakar advises investors to lock in some of their gains.

IRFC shares hit record high - IRFC Buy, Sell or Hold?

IRFC's performance in recent times has been remarkable. Year-to-date, the stock has surged by a whopping 103.6 percent, and since its listing on January 28, 2021, it has witnessed a remarkable 169 percent increase in its share price. In just the past five days, the scrip has added approximately 35 percent to investors' wealth, and over the course of the last 30 days, it has seen a remarkable 48 percent growth. In summary, IRFC's stock has been on a meteoric rise, providing substantial returns to investors. While its stable business and low risk of NPAs make it an attractive investment, the recent exponential growth has prompted AK Prabhakar to advise profit booking. As with any investment decision, it is essential for investors to consider their financial goals, risk tolerance, and the broader market conditions before deciding whether to buy, sell, or hold IRFC shares.

FAQs (Frequently Asked Questions) - IRFC Share Investment

Read - IRFC SHARE PRICE PREDICTION FOR LONG TERM 

1. What is IRFC?

   - Indian Railway Finance Corporation (IRFC) is a specialized financial institution in India that primarily finances the development and expansion of the Indian railway network.

2. Why did IRFC's share price surge on September 4, 2023?

   - On September 4, 2023, IRFC's share price surged around 20 percent to reach an all-time high due to increased trading volume and market sentiment.

3. Should I buy IRFC shares now?

   - The decision to buy IRFC shares depends on your investment goals and risk tolerance. It's essential to research and consider expert opinions before making an investment decision.

4. What is the current performance of IRFC shares?

   - Year-to-date, IRFC shares have risen by 103.6 percent and have increased by 169 percent since their listing on January 28, 2021.

5. Who is AK Prabhakar, and what is his advice regarding IRFC shares?

   - AK Prabhakar is the Head of Research at IDBI Capital Markets & Securities Ltd. He suggests that investors might consider booking profits by selling 50-60 percent of their IRFC holdings due to the stock's recent significant gains.

6. Is IRFC a low-risk investment?

   - IRFC is considered a low-risk investment due to its stable business and minimal likelihood of non-performing assets (NPAs).

7. How can I assess whether to buy, sell, or hold IRFC shares?

   - Assess your investment goals, risk tolerance, and consult with financial experts. Consider market conditions and IRFC's performance before making a decision.

8. What has been IRFC's recent performance in the past five days and 30 days?

   - IRFC shares have increased by approximately 35 percent in the past five days and 48 percent in the past 30 days, showcasing strong short-term growth.

9. What should I do if I already own IRFC shares?

   - If you already own IRFC shares, consider your investment strategy and long-term goals. It may be wise to consult with a financial advisor to determine the best course of action.

10. Are there any risks associated with investing in IRFC shares?

   - While IRFC is generally considered a low-risk investment, all investments carry some degree of risk. Market fluctuations, economic conditions, and regulatory changes can impact the performance of IRFC shares.

Remember that investment decisions should be made after thorough research and in consultation with financial professionals, taking into account your individual financial situation and goals.