Indian Railway Finance Corporation Ltd (IRFC) is a key financial arm of Indian Railways, responsible for raising funds to support railway projects. Established in 1986, IRFC helps finance the acquisition of rolling stock, railway infrastructure, and other developmental activities. IRFC Share Price on NSE as of 25 October 2024 is 134.95Â INR. Here are more details on IRFC Share Price Target 2024, 2025, 2026 to 2030.
Indian Railway Finance Corp Ltd: Market Overview
- Open Price: ₹138.33
- Previous Close: ₹139.03
- High Price: ₹139.28
- Low Price: ₹132.80
- Volume: 18,714,548
- UC Limit: ₹166.83
- LC Limit: ₹111.22
- VWAP: ₹135.02
- P/E ratio: 27.28
- Div yield: 1.11%
- 52-wk high: ₹229.00
- 52-wk low: ₹65.75
- Mkt Capital: ₹1.76LCr
- Face Value: ₹10
IRFC Share Price Chart
IRFC Share Price Target Tomorrow 2024 To 2030
IRFC Share Price Target Years | SHARE PRICE TARGET (₹) |
2024 | ₹220 |
2025 | ₹380 |
2026 | ₹450 |
2027 | ₹535 |
2028 | ₹620 |
2029 | ₹730 |
2030 | ₹822 |
IRFC Share Price Target 2024
IRFC share price target 2024 the Expected target could be ₹220. Here are three key factors affecting the growth of IRFC Share Price Target for 2024:
- Government Support for Rail Infrastructure: As the Indian government increases its focus on enhancing railway infrastructure and modernization, IRFC’s financial role becomes more significant, potentially driving its share price higher in 2024.
- Expansion of Indian Railways: Continued investment in expanding and upgrading the Indian Railways, including new projects and the purchase of modern rolling stock, could lead to higher revenue for IRFC, positively impacting its share price.
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Interest Rate Fluctuations: IRFC’s profitability depends on borrowing costs. Lower interest rates may reduce funding expenses, improving profit margins and boosting investor confidence in the stock.
IRFC Share Price Target 2025
IRFC share price target 2025 the Expected target could be ₹380. Here are three key factors that could impact IRFC Share Price Target for 2025 growth:
- Long-Term Rail Infrastructure Projects: As large-scale projects like high-speed trains and dedicated freight corridors progress, IRFC’s financial involvement will deepen, potentially driving steady revenue growth and increasing share value.
- Increased Rail Freight Demand: Growth in freight and passenger demand could lead to greater investment in rail infrastructure, where IRFC plays a pivotal funding role, positively affecting its financial performance and share price.
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Sustainability Initiatives: As Indian Railways adopts greener and more sustainable technologies, IRFC’s financing of these eco-friendly projects could attract investors focused on ESG (Environmental, Social, and Governance) factors, boosting the stock’s appeal.
IRFC Share Price Target 2030
IRFC share price target 2030 the Expected target could be ₹822. Here are three key factors that could affect IRFC Share Price Target for 2030 growth:
- Expansion of Indian Railways Network: With continued expansion and modernization of India’s railway infrastructure, IRFC’s role in financing these projects will likely grow, driving long-term revenue and increasing share price potential.
- Government Policy and Support: Favorable government policies, increased budgetary allocations for railways, and infrastructure initiatives could bolster IRFC’s financial outlook, significantly impacting its stock performance by 2030.
- Technological Advancements: The adoption of cutting-edge technologies like high-speed rail, electrification, and digital solutions in railway operations will require substantial funding, and IRFC’s involvement in financing these projects could contribute to steady growth and stock price appreciation.
Shareholding Pattern For Indian Railway Finance Corp Ltd
- Promoters:Â 86.36%
- Retail And Others:Â 11.45%
- Foreign Institutions:Â 1.11%
- Domestic Institutions: 1.07%
Indian Railway Finance Corp Ltd Income Statement
- Revenue: 65.72B
- Operating expense: 1.60B
- Net income: 64.12B
- Net profit margin: 97.57
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