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        <copyright>Copyright 2026 Value Research India Private Limited.</copyright>
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			<title>Why the worst is yet to come for IRFC investors</title>
			<link>https://www.valueresearchonline.com/stories/223735/irfc-down-40-per-cent-why-the-worst-may-not-be-over-yet/</link>
			<pubDate>Tue, 25 Mar 2025 18:03:48 +0530</pubDate>
			<category>Stockwire</category>
			<description>&lt;img src=&quot;https://www.valueresearchonline.com/content-assets/images/223735_why-the-worst-is-yet-to-come-for-irfc-investorsfinal__w320__h240__.jpg&quot; alt=&quot;IRFC down 40%: Why the worst may not be over yet&quot; border=&quot;0&quot; width=&quot;320&quot; height=&quot;240&quot; style=&quot;float: left; margin-right: 5px;&quot;&gt;IRFC hasn&#039;t disbursed fresh loans to Indian Railways for 5 quarters. Its diversification into non-railway projects faces competition from REC and PFC, while its premium 3x P/B valuation looks unjustified.</description>
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			<title>IRFC IPO: Information Analysis</title>
			<link>https://www.valueresearchonline.com/stories/48921/irfc-ipo-information-analysis/</link>
			<pubDate>Tue, 19 Jan 2021 07:00:00 +0530</pubDate>
			<category>IPO Analysis</category>
			<description>&lt;img src=&quot;https://www.valueresearchonline.com/content-assets/images/48921_20210119-ipo-irfc__w320__h240__.jpg&quot; alt=&quot;IRFC IPO: Information Analysis&quot; border=&quot;0&quot; width=&quot;320&quot; height=&quot;240&quot; style=&quot;float: left; margin-right: 5px;&quot;&gt;The market-borrowing arm of Indian Railways has come up with its IPO. What is there for investors? Here is our analysis.</description>
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