NSE: IRFC · 29 September 2026
- IRFC closed at ₹80.26 on 29 September, up 2.18% from the previous close.
- The previous day’s ₹4,200 crore DVC term-loan agreement covers renewable-energy financing.
- The agreement supports renewable projects in Jharkhand and West Bengal, including floating, ground-mounted and rooftop solar and battery energy storage. DVC plans to use its existing land, reservoirs and transmission infrastructure. The announcement does not disclose the lending rate, tenor or drawdown schedule. The agreement amount is financing, rather than revenue or profit, and does not establish that the full loan has been disbursed.
Why is IRFC share price rising on 29 September 2026?
IRFC closed 2.18% higher at ₹80.26 on 29 September 2026, following its 28 September announcement of a ₹4,200 crore term-loan agreement with Damodar Valley Corporation. The deal gives investors a specific financing development to evaluate as IRFC expands its infrastructure lending. The timing is consistent with renewed interest, although the announcement alone cannot explain every trade.
The stock ended at the day’s high after touching ₹77.07.
The business question remains how much of the agreed loan is deployed, at what lending spread and with what credit risk.
1.57 crore shares traded by 29 September 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 73.41 lakh shares (2.15 times). The five-day average daily volume was 58.81 lakh shares. Separately, the NSE report for 29 September 2026 showed 52.38 lakh shares delivered, representing 33.26% of that day’s traded volume.
The loan agreement was announced before the positive 29 September trading day. Its financial contribution will depend on disbursement, pricing and borrowing costs.
Latest Company Developments
The agreement supports renewable projects in Jharkhand and West Bengal, including floating, ground-mounted and rooftop solar and battery energy storage. DVC plans to use its existing land, reservoirs and transmission infrastructure. The announcement does not disclose the lending rate, tenor or drawdown schedule. The agreement amount is financing, rather than revenue or profit, and does not establish that the full loan has been disbursed.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.30% on 30 June 2026. This compares with 0.27% on 31 March 2026, a change of +0.03 percentage points.
The filing reported 25 MF/UTI holders.
What to Watch Next
- Loan disbursement and further disclosures on terms, security and repayment.
- Whether new lending changes interest income and funding costs in subsequent financial results.
- Price and delivery trends after the strong 29 September finish.
Other Dated Coverage
More IRFC news and dated analysis →
Frequently Asked Questions
What is the latest IRFC company news?
The agreement supports renewable projects in Jharkhand and West Bengal, including floating, ground-mounted and rooftop solar and battery energy storage. DVC plans to use its existing land, reservoirs and transmission infrastructure. The announcement does not disclose the lending rate, tenor or drawdown schedule. The agreement amount is financing, rather than revenue or profit, and does not establish that the full loan has been disbursed.
How strong was IRFC’s trading volume?
1.57 crore shares traded, 2.15 times the 20-day average daily volume. The price and volume data are dated 29 September 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Article by: WittyTrades Research Desk
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.