IRFC Share Price Trade Near 52-Week Low in Early Trade

Shares of Indian Railway Finance Corporation Ltd (NSE: IRFC) were trading at ₹104.86, up ₹0.30 or 0.29% on the day, as of 9:34 am IST on February 26, 2026. The stock remained close to its 52-week low of ₹104.13, according to exchange data, following the Government of India’s announcement of an Offer for Sale (OFS).

The previous close stood at ₹104.56. The stock opened at ₹104.40 and moved within a narrow early range, reflecting continued supply overhang after the regulatory disclosure.

Why The Share Price Moved

The movement followed a regulatory filing dated February 24, 2026, in which the Government, acting through the Ministry of Railways, proposed to offload up to 26,13,70,120 equity shares, representing 2% of the total issued and paid-up equity share capital.

The filing also included an oversubscription option for an additional 26,13,70,120 shares (another 2%), taking the total potential sale size to 4% of the equity base. The base offer opened on February 25, 2026 (T day) for non-retail investors and on February 26, 2026 (T+1 day) for retail investors and eligible employees.

OFS announcements typically increase near-term market supply, which may influence price action around the offer window. On February 25, 2026, the stock had declined 4.02% to ₹105.04 as of 10:41 am IST, compared with the previous close of ₹109.44, as per exchange data.

Stock Performance Snapshot

As of 9:34 am IST on February 26, 2026, IRFC shares was trading at ₹104.86. The stock touched a high of ₹105.29 so far and a low of ₹104.13 so far.

The previous close was ₹104.56. The 52-week high stands at ₹148.95, while the 52-week low is ₹104.13. The price remains near the lower end of this range.

Market capitalisation was approximately ₹1.37 lakh crore, and the stock’s price-to-earnings ratio stood at 19.53, based on available exchange data.

What this Means for Investors

The OFS is aimed at meeting minimum public shareholding requirements under Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, read with Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as stated in the filing.

An increase in free float may improve liquidity over time. However, in the short term, additional share supply through an OFS can create pricing pressure until the offer window concludes.

Any impact on valuation metrics will depend on post-offer demand, institutional participation, and broader market conditions, as reflected in exchange data.

About the Company

Indian Railway Finance Corporation Limited (NSE: IRFC) is the dedicated financing arm of Indian Railways. The company raises funds from domestic and international markets to finance the acquisition of rolling stock and railway infrastructure assets.

IRFC primarily supports capital expenditure requirements of Indian Railways and operates under a government-backed business model with a focus on long-term financing arrangements.

Conclusion

IRFC share prices were trading near their 52-week low as of February 26, 2026, following the Government of India’s announcement of an OFS of up to 4% equity, including an oversubscription option. While the stock showed marginal intraday gains early in the session, exchange data indicates that supply dynamics linked to the offer remain a key near-term driver. The development is part of regulatory compliance related to public shareholding norms, with further price movement likely to reflect demand during the OFS window.