IRFC Share Price Target
The Indian Budget for the current fiscal year will be presented in Lok Sabha on February 1st, and the largest beneficiaries of this budget are likely to be the Indian Railway Corporation (IRFC) and the National Highways Authority of India. As investors anticipate this, they are flocking to the stocks related to 'the lifeline' of the nation’s Indian railway-related stocks, including IRFC.
IRFC is one of the many Mini Ratna companies owned by the government. The IRFC share price target has been on the rise in the last few weeks, reaching a record high of Rs. 176.25 on January 29, 2021, which is an increase of 387% from the 52-week lows of Rs. 25 in March of 2023.
In this post, we will discuss factors and details associated with the IRFC Share price target for 2024.
What is the IRFC Stock Price Target 2024?
IRFC share price target 2024 IRFC Securities Finance Corp Ltd (IRFC) is an institution that seeks to raise financial resources from capital markets to support the expansion and operations of Indian Railways. It was established in 1986 and is the main lender of financial bonds to banks and other lenders.
IRFC Share Price Target (2024)
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs - | Rs - |
| February | Rs 215.41 | Rs 193.45 |
| March | Rs 216.88 | Rs 201.86 |
| April | Rs 229.13 | Rs 210.48 |
| May | Rs 238.83 | Rs 212.43 |
| June | Rs 245.57 | Rs 233.55 |
| July | Rs 255.29 | Rs 235.82 |
| August | Rs 259.51 | Rs 237.68 |
| September | Rs 267.70 | Rs 252.28 |
| October | Rs 277.22 | Rs 259.06 |
| November | Rs 292.87 | Rs 265.55 |
| December | Rs 298.61 | Rs 285.85 |
IRFC Share Price Target (2025)
| Month (2025) | Maximum Target | Minimum Target |
| January | Rs 311.17 | Rs 284.54 |
| February | Rs 307.62 | Rs 281.64 |
| March | Rs 321.15 | Rs 288.44 |
| April | Rs 324.87 | Rs 304.27 |
| May | Rs 337.95 | Rs 312.98 |
| June | Rs 342.18 | Rs 304.90 |
| July | Rs 349.09 | Rs 324.36 |
| August | Rs 355.97 | Rs 326.89 |
| September | Rs 374.36 | Rs 337.09 |
| October | Rs 385.52 | Rs 344.49 |
| November | Rs 392.56 | Rs 359.73 |
| December | Rs 409.80 | Rs 372.76 |
IRFC Share Price Target (2026 to 2035)
| Year | Maximum target | Minimum Target |
| 2026 | Rs 529.11 | Rs 373.60 |
| 2027 | Rs 648.13 | Rs 456.57 |
| 2028 | Rs 771.31 | Rs 551.18 |
| 2031 | Rs 1106.92 | Rs 830.18 |
| 2035 | Rs 1576.79 | Rs 1178.92 |
IRFC Financials 2023
| Revenue | 65.08 Billion INR | ⬆ 4.24% YOY |
| Operating expense | 1.71 Billion INR | ⬆ 11.87% YOY |
| Net Income | 63.37 Billion INR | ⬆ 4.06% YOY |
| Net Profit Margin | 97.3 Billion INR | ⬇ -0.16% YOY |
| Earnings Per Share | ||
| EBITDA | ||
| Effective Tax Rate | ||
| Total Assets | 4.91 Trillion INR | ⬆ 12.24% YOY |
| Total Liabilities | 4.46 Trillion INR | ⬆ 6.45% YOY |
| Total Equity | 454.70 Billion INR | |
| Return on assets | 1.35% | |
| Return on Capital | ||
| P/E Ratio | 37.75 | |
| Dividend Yield | 0.85% |
As the Budget for the fiscal year 2024-25 approaches, railway stocks like IRFC and Ircon have seen a huge surge on the NSE. The IRFC share price target 2025 has risen by 487%, reaching a record high of Rs. 149.35, after reaching a low of Rs. 45.45 in March 2023. The Indian Central Government holds shares worth Rs. 2.42 lakh crore in companies like IRFC and LIC as of January 20, 2024. The market capitalization of IRFC has now surpassed that of M&M, Bajaj Auto, and others. According to its financial statement for the fiscal year 2023, the company is expected to generate a high return on investments, with an annual revenue of 65.08 billion INR, an increase of 4.24 %, and a 4.06% increase in Net Income. The company's P/E ratio stands at 37.75, and the dividend yield is 0.85%. The share price target of IRFC in 2024 is 49%, and the target for 2025 is above Rs 400, meaning a 100% increase by the year's end.
INVESTMENT REVIEW IN IRFC SHAREHOLDERS
IRFC shareholders include Promoters (86.36%), Foreign Institutional Investors (FII) (1.14%), Domestic Institutional Investors (DI) (1.63%), and Public (10.88%).
Before investing in any share on the NSE, investors should always seek the advice of an expert.
With the focus of the Government of India on improving India's vital transportation infrastructure, the stock of IRFC will benefit from the investors who want to invest in the Indian Railway sector on the NSE.
The influence of Government policies and regulations on the railways sector will have a significant impact on the share price prospects of IRFC.
Market fluctuations and the economic situation in the country are always the most important factors to consider before investing.
In Today's Tech Age, Investors Must Keep an Eye on the Technological Changes in the Company's Business Operations
Shares of IRFC have been going up in the last couple of days on the NSE, showing that IRFC stock has the potential to go up in the coming days as investors are willing to put a lot of money into this Indian Public Sector Undertaking (PSU).
The IRFC share price target in India indicates a bullish scenario for IRFC, which is the financial aggregator of the Indian Railways. Looking ahead, it is expected that IRFC shares will continue to move in a positive direction in the stock market.
On the other hand, the financial statement of IRFC shows only moderate growth in the company's net profit and revenue in the fiscal year 2023.
We always advise investors to consult with an industry expert before putting their money in the volatile and deceptively marketable stock market.
https://www.linkedin.com/pulse/share-price-target-irfc-2024-shubham-digital-5b9oc/
https://medium.com/@digitalshubham41/irfc-share-price-target-in-india-67b8fea8b5b8
https://sites.google.com/view/share-price-target-of-irfc-/home
https://www.quora.com/profile/Shubham-Digital-7/IRFC-share-price-target-2025
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