In this article, we will discuss the potential of IRFC Share Price Targets 2023, 2024,2025,2026, and 2030. IRFC, a significant player in the financing of Indian Railways, attracts the attention of investors looking for long-term investment opportunities.
Analyzing the factors that influence IRFC’s share price can help investors make informed decisions and set realistic expectations for the future.
In this article, we will analyze the future share target by profoundly analyzing the background finance history and market experts’ opinions. However, it could be challenging for us to predict the accurate target because it is challenging work. Despite it, we will try our best to come nearby.
IRFC Share Price Overview
The Indian Railway Finance Corporation is wholly owned by the government of India (Ministry of Railways). This company is providing finance to the Indian Railways to develop new projects. The company’s primary function is to provide finance facilities to the Indian Railways through stock markets, government bonds, banks, and capital markets.
The company is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) through its Initial Public Offering (IPO) under the symbol IRFC. The company was founded in 1986.
| Name of the Company | Indian Railway Finance Corporation (IRFC) |
| Stock Price/Share | 141 (19 April 2024) |
| Founded By | A.Kishore. |
| Founded | 12 Dec 1986 |
| official website | irfc.co.in |
| CMD | Amitabh Banerjee |
| Market Cap (intraday) | 1.843T |
| Headquarters | New Delhi, India |
| Market Cap | 1.85T INR {current} |
| 52 Week High | 192.80 |
| 52 Week Low |
27.90 |
| Volume | 28,009,431 |
| PE/PB | 30.52/ 3.82 |
| Live Price | Check Yahoo Finance |
Objectives of IRFC
The main aim of the Indian Railway Finance Corporation is to raise funds for the Indian Railways. Some of the main objectives of the company are as under.
- Financing Railway Projects: IRFC’s main aim is to raise funds for Railways for various projects. It plays a vital role for the Railway in giving necessary funds.
- Mobilizing Funds: IRFCs mobilize funds from various resources such as the government bonds stock market to ensure a consistent flow of funds to encourage the ongoing and upcoming projects of the Indian Railways.
- Low-Interest Rates: Indian Railway Finance Corporation ensures to minimize of the cost of borrowing for Railways by accessing funds at competitive interest rates and utilizing financial planning. Management of risk by using available resources
- Supporting Infrastructure Development: By providing funds to Indian Railway for the development of the Railway, IRFC plays a vital role in the country’s development. It is crucial in expanding the rail network and other Railway projects nationwide.
The future share price of the IRFC
IRFC was founded in 1986 to raise funds for the development of railway projects. The government of India wholly owns the company. The company’s business is monopoly.
Let’s look at the company’s share price in the upcoming years. It looks like a better investment choice because it is a government company whose support will always remain with the company. Although the company’s performance in recent years is up-and-coming, investors can get decent returns for long-term investment. The reason behind it is an excellent and experienced company management team
Major Holders of Indian Railway Finance Corporation Limited
86.36%% of Shares of the company is Held by All Insider
1.22%% of Shares of company is Held by Institutions
8.95%% of Float Held by Institutions
57 Number of Institutions Holding Shares
IRFC Share Price Target
| YEAR | 1st Target | 2nd Target |
| 2024 | ₹258.34 | ₹264.65 |
| 2025 | ₹407.13 | ₹444.30 |
| 2026 | ₹557.76 | ₹527.56 |
| 2027 | ₹706.65 | ₹822.76 |
| 2028 | ₹845.11 | ₹1083.03 |
| 2029 | ₹990.22 | ₹1210.31 |
| 2030 | ₹1130.67 | ₹1380.80 |
IRFC Share Price Target 2024
As we have seen recently, IRFC has a solid financial position.it is a promising investment option because the company has a strategic partnership with Indian Railways. The Indian Government focuses on infrastructure development, which will boost the Indian Railway Finance Corporation’s growth prospects. Because the IRFC is the only company that provides funds to Railway, it is assumed that there could be an increase in the company’s stocks
2024 will be a crucial year for the company because it is expected. Analysts believe that the company’s financial health can improve this year. The company focuses on renewable energy, and business diversification will also help the company grow in the coming years.
The Share price target is expected to remain at ₹258.34 in first three months of the year and the end of the year it can remain around ₹264.65
| YEAR | 1st Target | 2nd Targe |
| ₹2024 | ₹258.34 | ₹264.65 |
IRFC Share Price Target 2025
The company is continuously growing, and the green energy initiative can help it strengthen its financial position and is expected to drive more growth.
Railways are increasing infrastructure and are working on many large-scale projects. A considerable amount will be required to complete these projects. Indian Railway Finance Corporation is the only source of funds for the Railway. So, there could be many possibilities for increasing its shares. Various new projects have launched so we can expect more growth, according to market experts we can expect good returns.
It is expected that more growth will be seen. Considering the above factors, the IRFC share price forecast will hit ₹407.13 and the second price can be ₹444.30.
| YEAR | 1st Target | 2nd Target |
| 2025 | ₹407.13 | ₹444.30 |
IRFC Share Price Target 2026
Indian Railway Finance Corporation can diversify its services beyond supporting individual Railway. The company’s focus is to make finance for backward infrastructure project development. This could be very beneficial for the people of the nation.
This positive outlook of the company and the company’s work indicates a massive possibility of good returns in IRFC. The share price target will be ₹557.76, and the second price can be ₹527.56.
| YEAR | 1st Target | 2nd Target |
| 2026 | ₹557.76 | ₹527.56 |
IRFC Share Price Target 2030
If we look at the long run, IRFC is an excellent choice to invest in because there has been growth in company shares in recent years. This growth can continue because Indian railways are focusing on other big projects in the coming years, such as expanding the railway lines across the country. Recently India has done a successful trial of the Bullet train. More funds for these projects, and the IRFC will fund them.
Considering all these we believe that the company’s share price will increase. If you are interested in investing in the long term, this is a promising investment and could give decent returns in the long term.
The company share price target will remain ₹1130.67 and the second price can be ₹1380.80
| YEAR | 1st Target | 2nd Target |
| 2030 | ₹1130.67 | ₹1380.80 |
Growth and Financial Performance
From last five years IRFC has shown positive growth and the sales of company has doubled during this period while operating profits have kept good pace. During this period company have successfully maintained a high operating profit margin of approximately 99% to 100%.
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Conclusion
The role of the Indian Railway Finance Corporation (IRFC) is crucial in financing the operational and infrastructure development needs of the Indian Railways. The company has strong support from the Government of India and is also in a good position in terms of finance. Considering all these factors, the company is believed to grow in the upcoming years.
Based on current predictions and considering the current growth opportunities, the share price target for the IRFC in 2024,25,26, and 30 are estimated to remain around ₹258.34 to ₹264.65, ₹407.13 to ₹444.30, ₹557.76 to ₹527.56 and ₹1130.67 to ₹1380.80 respectively. However, conducting healthy research before investing in shares or assets is essential.
Overall, IRFC shares have the potential to grow in the long term. Indian Railway Finance Corporation is a government company providing funds to Indian Railway for every project, and the Railway is planning various projects in the future, and IRFC has to provide funds for it. This could be a better investment for those willing to invest for the long term.
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Disclaimer
Dear readers information provided in this article is only for information purposes. we are not any authorized advisors. this website does not provide any financial or investing advice. Please do your own research before investing in shares or assets or seek the advice of any Finacial expert before making any decisions to invest. we have provided these estimates on current market trends and assumptions, actual values can differ over time.
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FAQ
What is the target price of IRFC in 2024?
Recently IRFC has shown good growth in its shares, and it is expected to remain continuous as Railways is going to invest in more projects and needs more funds to complete them. It is assumed the share price prediction of the company will remain between ₹258.34 to ₹264.65
What will IRFC cost in 2025?
If the company succeeds in maintaining the current growth, the share price of the company will remain between ₹407.13 to ₹444.30
Will IRFC give a dividend in 2024?
It is expected that the shareholders can receive interim dividends of 8% as announced by the company, and each share of the IRFC has a face value of ₹10.
Are IRFC shares good for the long term?
Yes, IRFC is an excellent choice for the long term because the company is a working monopoly supported by the Government of India. There are fewer chances of risks. However, investing is subject to risks, and please do your research before investing.
Is IRFC a good buy?
Yes, IRFC is a good buy, according to the Vice president and head of research on the Indian share market, Mr. Ravi Shankar says, it is a good choice and can earn 100% returns to investors in the long term.
What is the target price of IRFC shares in 2030?
According to analysts, the company’s share price is an excellent choice for the long term. The share price this year will be a minimum of ₹1130.67 and the maximum price will remain at ₹1180.80 at the end of the year.