Indian Railway Finance Corporation i.e. IRFC has released its second quarter results. The company's profit has increased by 4 percent compared to last year. At the same time, the income has increased by 2 percent compared to last year. Along with this, the company has also announced dividend for its investors. The stock is seeing a decline today. After the results, there was a sharp rise in the stock, however, with the rise, the stock once again fell. In the last 15 minutes of the market closing, the stock was trading with a loss of more than 3 percent.
 

Dividend announcement

The company has announced an interim dividend for its investors along with the results. The company said that it will issue a dividend of Rs 0.8 per share to its shareholders. The stock is currently close to the level of 152. The company has fixed 12 November 2024 as the record date for payment of interim dividend. In the last one year, the company has paid dividend to its investors twice. The final dividend of Rs 0.7 per share with an ex-date of 22 August 2024 and an interim dividend of Rs 0.8 with an ex-date of 10 November 2023 have been given. The stock has registered a gain of 112 per cent in the last one year.