IRFC (Indian Railway Finance Corporation) Stock Analysis Fundamentals:
Indian Railway Finance Corporation (IRFC) is a wholly owned subsidiary of the Indian Railways. It raises financial resources for expansion and running through capital markets and other borrowings.
IRFC started borrowing from the market in 1987–88.
Indian Railway Finance Corp (NS:INID) (IRFC) was set up on 12th December 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. It is also registered as Systemically Important Non–Deposit taking Non-Banking Financial Company (NBFC – ND-SI) and Infrastructure Finance Company (NBFC- IFC) with Reserve Bank of India (RBI). The Company’s principal business, therefore, is to borrow funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways.
IRFC has funded the acquisition of 8998 locomotives, 47910 passenger coaches, 214456 wagons, which constitute around 70% of the total rolling stock fleet of Indian Railways. The Company has been assigned the additional task of funding Railway Projects through Institutional Finance to the extent of Rs.1.50 Lakh Crore by 2019-20. IRFC has also been lending to various entities in the Railway sector like Rail Vikas Nigam Limited (RVNL), Railtel, Konkan Railway Corporation Limited (KRCL), Pipavav (NS:RELV) Railway Corporation Limited (PRCL) etc.
For IRFC, the Government of India has remained the largest client, and that will remain so at least for the next 8-10 years because of the execution of the National Rail Plan, under which the government aims to spend 10-lakh crore to augment rail capacities and improve the infrastructure around it. The finance arm of the Indian Railways, Indian Railway Finance Corporation (IRFC) is in talks with the National High-Speed Rail Corporation Ltd (NHSRCL) to finance the extended portion of the Ahmedabad-Mumbai High-Speed Rail Project.
Indian Railway Finance Corporation (IRFC) reported a 15 per cent increase in net profit for the third quarter ended December 31. For the nine months period ended December 31, IRFC reported a 15.65 per cent increase in net profit. IRFC is trading at a price of INR 23.90.
This is a dividend-paying company.
IRFC raises money through financial bonds and from banks and financial institutions.
The company announced its initial public offering on January 18, 2021 and got listed on the National Stock Exchange of India / Bombay Stock Exchange on January 29, 2021.
we believe that as soon as the Covid-19 Pandemics Comes Down and the markets reopen where as the Governments starts its pending Projects the IRFC has a very good chance of price appreciations as the corporation has lots of Projects to Do. so does the funds and capitals flows in its balance sheets and overall activities will bring the higher intrinsic value to its shares.
Technical Analysis:
There Seems to be a Pegged zone exist at the price of 20Rs where the Scrip is pegged and The Script Driver Manipulating the Price not to fall bellow it as it leads to Merging and Acquiring the Government entity.
we can see the price has started its Bullish Trend From the 20.9RS and there are few Resistance on its bullish path.
there are total of 3 Targets defined by Fibonacci Extension levels where we can see the Share has a very high Potential of appreciations.
Shares
DBS rallies ahead of tomorrow's earnings reportThe stock has been performing well ahead of its earnings reports, thanks to the news that DBS will be the bank to utilise MaxxDigital – a digital asset platform that provides risk and FX solutions for institutions. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the financial sector – and this could be the first step of many which help them do just that.
DBS rose 3.6% on Friday following the announcement and has extended those gains to around 6% at the time of writing from Friday’s low.
According to Reuters, 13 analysts recommend DBS stock for a ‘buy’ (4 of which are a strong buy) with 4 holds and no sell recommendations. The stock currently trades at 34.58 and has a median price target of 39.11 (+13%).
DBS Daily Chart:
The daily chart shows that DBS performed a strong breakout (with high volume) from its sideways range after prices found support at the 200-day and 50-day EMA’s. And that suggests it could be part of the bullish trend from the July low. However, there are a couple of warning signs that it may need to retrace a little before continuing higher.
A bearish pinbar formed on Monday with low volume, and yesterday’s price action struggling to convincingly push higher. Gap resistance, $35 and the monthly R1 pivot point are nearby and RSI (2) is overbought - which can indicate a near-term turning point. With that said, the RSI(14) is over 50 and trending higher with prices, which is another reason we suspect any move lower is part of a retracement before prices head for the high around 36.30.
Of course, earnings can be full of surprises and we may need to see DBS beat estimates for it to trade directly higher. Otherwise – assuming earnings is not too disappointing – it could help with a desired pullback, where we would seek bullish setups around the monthly pivot / prior breakout range.
Gold sell order open Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
XAUUSD Sell 1620 $ price most chance is down our 1st target is 1607 and next target is 1590 Dollar
KPITECH STOCK Breakout on Daily time frame with huge volumeKPITECH Stock: Breakout happens at daily time frame with High Volume
CMP:664.95
Target: It can go up to 740 to 760 level
Stop Loss at 590
We can go for a buy once retest or buy conservatively
Disclaimer :this is only my analysis as per my knowledge. this is not a call.
Please do your own analysis before taking any trade or ask your financial advisor.
Thanks
When to up your share size?Many traders have 2 or more trade set ups.
It is important to know the following:
1)The risk of your trade must be in accordance with the winning percentage of the trade set up.
1)Your share size should increase or decrease in accordance with the winning percentage of the trade set up.
* Share size increase must be in accordance to you account size (account management)
These concepts are what separates really good traders from average traders.
China A50 Index - STRONG BUYHi Guys,
2823.hk which is the A shares ETF of China listed in Hong Kong is currently at a major support which it has been holding since 2016.
Also, it tested its 0.8 fib, broke previous high and now retraced back to 0.8 of the smaller wave. Classic PA.
I am bullish on China A Shares and believe that price target should be north of $18.
Buy at 14.84.
Easyjet - EZJ - LongGood Day!
Trade idea was posted via VIP group a few months ago - with significant gains, and profits booked. Successful trade.
However - the situation we have now, is a set-up now presenting an even better risk-to-reward ratio.
Previous trade commentary shared in VIP group, remains valid.
Good luck!
Best,
Figuring Out Finance
VIP Trade Set-up shared earlier this year:
Tues 4th Jan- 22: Trade update - Easyjet (EZJ)
Easyjet (EZJ) trade idea from Dec-21, has already delivered strong returns in a short space of time.
Markets reacting positively to the UK govt's stance on cautiously not increasing Covid restrictions, and the fact that Omicron is slowly being recognised as a 'milder' variant than expected.
This was in line with our 'house view ' on the market's potential overreaction to the new variant (albeit it's tragic news of course that people will continue to suffer from the effects of Covid).
Today EZJ opened at >10%.
Our Fund bought heavily into the recent fade of EZJ price, and will no longer be looking to increase our exposure at these prices.
Will re-evaluate our positions should price revisit sub 550.
Take profit around 850, continues to be valid.
NETFLİX BULLİSH CAN COME!!!Hello guys,
I wanna share my idea about netflix.I think rise will come after this EMA cutting. Why bullish will come? Let's answer this question.
Reasons of rise possibility:
1)We are on the very strong support.This will affect investor for buy netflix.
2) 5 length EMA can cut 20 length EMA at the future days.
3)We see mismatch between MACD and Chart.(Most important signal in my opinion)
This reasons can affect investors for Buy netflix share.
I show STOP LOSS area with ATR strategy on the chart.
Actually I think, This seems good oppurtunity for Buy netflix share.
NOT İNVESTEMENT ADVİCE THATS ONLY MY OPİNİONS.
Thanks
BEHOLD!!! GAINS FOR APES!!Hello everyone, I go by the name of Trexarch, or Chem..
Today I am here to display my newly drafted chart analysis for my all time favorite stock.
The analysis;
UP
That is all. Thank you.
Please check out all of my other posts related to GME to understand my full thesis.
Let’s wreck some teachers pensions, am I right boys? ;)
DRS DRS DRS DRS DRS DRS