IRFC

share price: How to trade Navratna railway stock?

IRFC Share Price Target: Indian Railway Finance Corporation (IRFC ), a Navratna PSU, is in focus after S&P Global Ratings revised long-term issuer credit rating. Besides, the company has also revised the outlook of IRFC to 'BBB' with Stable outlook from 'BBB-' with Positive outlook. Post this, IRFC shares on Monday (August 18) surged 2 per cent to make an intraday high of Rs 126.74 on NSE. Around 2 PM, IRFC shares traded 0.39 per cent higher at Rs 125.23. As many as 47.50 lakh shares of the railway company changed hands around the same time. IRFC shares are currently trading lower than all the key moving averages.