IRFC Signs ₹13,500-Crore Refinancing Deal for Hyderabad Metro; Shares Jump 2.5%
$IRFC ce Corporation (IRFC) on Monday announced a major ₹13,500-crore refinancing agreement for the Hyderabad Metro Rail project, marking its entry into broader infrastructure financing beyond railways. The deal is expected to provide long-term financial support to the cash-intensive urban transit project while diversifying IRFC’s portfolio. According to the company, this transaction represents a strategic step in its expansion plan to fund large-scale infrastructure initiatives across sectors. Following the announcement, IRFC shares climbed 2.5% in early trading on the BSE, reflecting strong investor confidence in the company’s diversification strategy.
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