IRFC shares rise 4% on ₹12,842 cr refinancing deal
after close1 source ↓written by the desknot a recommendation
- refinancing agreement
- ₹12,842 cr
- as of early
- ₹4.75 lakh cr
Shares of Indian Railway Finance Corporation rose over 4% after announcing a ₹12,842 cr refinancing agreement with Hindustan Urvarak and Rasayan (HURL). This deal marks a significant shift for IRFC towards broader infrastructure financing, enhancing its assets under management, which exceeded ₹4.75 lakh cr as of early 2026.
The partnership with HURL, backed by major public sector enterprises, allows IRFC to deploy substantial capital while maintaining strong asset quality.
Not investment advice. For informational purposes only.