IRFC stock is down 41% from its all-time high but is consolidating near ₹127-₹129, a zone flagged as accumulation by analyst Rohit Mehta. A move above ₹154 could signal bullish reversal. The PSU\s fundamentals remain steady ,but concerns include low interest coverage and modest 13.6% RoE. Retail sentiment remains bullish despite a 9% YTD drop.