“Pursuant to Regulation 29(1) & 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, and other applicable regulations, this is to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, March 17, 2025, inter-alia, to consider the declaration of a second interim dividend for the financial year 2024-25,” IRFC had informed the stock exchanges last week.
Additionally, the company has fixed March 21 as the record date to determine shareholder eligibility for the dividend.
IRFC dividend history
In the past 12 months, IRFC has declared a total equity dividend of Rs 1.50 per share. Based on the current share price of Rs 118.23, the dividend yield stands at 1.27%.
IRFC share price performance
Over the past year, IRFC shares have declined 13.78%, reflecting a notable downtrend. The year-to-date (YTD) decline stands at 21.52%, while over the last six months, the stock has dropped 26.56%. In the past three months, it has fallen 24.75%, indicating a persistent downward trend.
As of 10:30 AM, IRFC shares were trading flat at Rs 117.90 on the BSE.
IRFC shares technical analysis
According to Trendlyne, IRFC shares are trading below all key exponential moving averages (EMAs) and are hovering near the 40 mark on the Relative Strength Index (RSI), indicating weak momentum.Also read: Ola Electric shares slide 4% amid insolvency petition against subsidiary
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