IRFC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | IRFC | Market Cap | 1,36,187 Cr. | Current Price | 104 ₹ | High / Low | 149 ₹ |
| Stock P/E | 19.4 | Book Value | 43.3 ₹ | Dividend Yield | 2.02 % | ROCE | 5.83 % |
| ROE | 12.8 % | Face Value | 10.0 ₹ | DMA 50 | 103 ₹ | DMA 200 | 116 ₹ |
| Chg in FII Hold | 0.18 % | Chg in DII Hold | 1.35 % | PAT Qtr | 1,802 Cr. | PAT Prev Qtr | 1,777 Cr. |
| RSI | 56.1 | MACD | 1.66 | Volume | 96,39,692 | Avg Vol 1Wk | 1,21,98,316 |
| Low price | 87.0 ₹ | High price | 149 ₹ | PEG Ratio | 8.80 | Debt to equity | 2.73 |
| 52w Index | 27.8 % | Qtr Profit Var | 10.5 % | EPS | 5.36 ₹ | Industry PE | 19.8 |
📉 IRFC is trading slightly above its 50 DMA (₹103) but below the 200 DMA (₹116), showing short-term support but medium-term weakness. RSI at 56.1 indicates mild bullish momentum, while MACD at 1.66 confirms a positive crossover. Bollinger Bands show price leaning toward the mid-range, reflecting consolidation. Current volume (96.3 lakh) is below average (1.21 Cr.), highlighting reduced participation.
🔑 Short-term momentum signals: Bullish bias, but sustainability depends on reclaiming ₹110–₹115 zone.
🎯 Entry Zone: ₹100–₹104 (support region)
🚪 Exit Zone: ₹112–₹118 (resistance region)
📊 Trend Status: Consolidating with bullish tilt
Positive
- Trading above 50 DMA supports short-term strength
- Quarterly PAT growth (+10.5%) shows earnings momentum
- Dividend yield of 2.02% provides steady income
- EPS at ₹5.36 supports valuation
- Institutional support with FII (+0.18%) and DII (+1.35%) inflows
Limitation
- Price trading below 200 DMA (₹116), showing medium-term weakness
- High debt-to-equity ratio (2.73) raises leverage risk
- ROCE (5.83%) remains modest
- PEG ratio at 8.80 indicates stretched growth valuation
- Volume below average, limiting breakout potential
Company Negative News
- High leverage with debt-to-equity at 2.73
- Price struggling to sustain above long-term averages
Company Positive News
- Quarterly PAT improved from ₹1,777 Cr. to ₹1,802 Cr.
- Strong institutional inflows (FII +0.18%, DII +1.35%)
- Dividend yield of 2.02% adds investor confidence
Industry
- Industry PE at 19.8 highlights sector trading at fair multiples
- Railway financing sector supported by infrastructure expansion and government initiatives
Conclusion
⚖️ IRFC shows mild bullish technical signals with RSI above 55 and positive MACD, but fundamentals remain constrained by high leverage and modest ROCE. Entry near ₹100–₹104 offers tactical opportunity, with profit booking around ₹112–₹118. Trend remains consolidative with bullish tilt, requiring breakout above 200 DMA (₹116) for sustained upside momentum.
Would you like me to extend this into a swing-trade overlay comparing IRFC against peers like IRCON, RVNL, and IREDA to highlight sector-relative strength and positioning?