Indian Railway Finance Corporation Ltd (IRFC), is responsible for raising funds for railway projects and managing the finances of the Indian railways. It was established in 1986 as a body that helps in financing the acquisition of rolling stocks, maintaining railway infrastructure, and other activities. The share price of IRFC on NSE was Rs. 134.95 in October. Let’s know more about the IRFC share target price in upcoming years.
Indian Railway Finance Corp Ltd: Market Overview
Open Price | Rs. 138.33 |
Previous Close | Rs. 139.03 |
High Price | Rs. 139.28 |
Low Price | Rs. 132.80 |
Volume | 18,714,548 |
UC Limit | Rs. 166.83 |
LC Limit | Rs. 111.22 |
VWAP | Rs. 135.02 |
P/E Ratio | 27.28 |
Div Yield | 1.11% |
50-wk high | Rs. 229.00 |
52-wk Low | Rs. 65.75 |
Mkt Capital | Rs. 1.76 LCr |
Face Value | Rs. 10 |
Market Dynamics of IRFC
Before talking about IRFC share price, let’s understand the market dynamics of IRFC and how it works. It is the essential body of the Indian railway which manages the finance for various activities. The main business is to elevate charge variety in the marketplace and manage the expenses of the Indian railways.
Here are various factors that influence the IRFC share price:
- Government Policies: IRFC is a government-owned body and its economic conditions are related to the government regulations for railways quarter and expenditures on infrastructure.
- Economic Indicators: The financial environment such as interest fees, inflation, and GDP increase also affects the IRFC charge of borrowing and profitability.
- Indian Railways Performance: The overall performance and the growth plans of the Indian railway influence the IRFC business opportunities.
- Market Sentiments: The market trends, global economic situations, and development of the sector directly affect the IRFC share price.
IRFC Share Price Target Tomorrow 2024 to 2030
The IRFC share price target from 2024 to 2030 depends on various factors including railways financing demands, macroeconomic conditions, interest rates, and growth plans of Indian Railways. Here are the IRFC share price targets:
IRFC Share Price Target Years | IRFC Share Target Price |
2024 | Rs. 220 |
2025 | Rs. 380 |
2026 | Rs. 450 |
2027 | Rs. 535 |
2028 | Rs. 620 |
2029 | Rs. 730 |
2030 | Rs. 822 |
IRFC Share Price Target 2024
Months | NSE IRFC share price target |
January 2024 | Rs. 190.40 |
February 2024 | Rs. 160.45 |
March 2024 | Rs. 180.50 |
April 2024 | Rs. 190.50 |
May 2024 | Rs. 216.60 |
June 2024 | Rs. 223.75 |
July 2024 | Rs. 241.75 |
August 2024 | Rs. 256.80 |
September 2024 | Rs. 269.90 |
October 2024 | Rs. 274.90 |
November 2024 | Rs. 278.95 |
December 2024 | Rs. 284.09 |
Factors Influencing IRFC Share Price Target 2024
For the year 2024, the share price target of IRFC is Rs. 220. Here are the factors influencing the share price target of IRFC in the year 2024:
- Government aids to railways infrastructure: The government of India is taking various initiatives to enhance the infrastructure and modernization of the railway, which is making the role of IRFC more significant. It further leads to an increase in the IRFC share price target.
- Indian Railways Expansion: The priority of upgrading the Indian railways and expanding its routes includes new projects and the purchase of modern rolling stocks. It results in more revenue for IRFC and a higher share price.
- Interest Rate Changes: The profitability of IRFC depends on the borrowing cost. If the interest rates are low, it will reduce the funding of expenses, and increase profit and investor’s trust.
IRFC Share Price Target 2025
Months | NSE IRFC share price target |
January 2025 | Rs. 128-150 |
February 2025 | Rs. 111-139 |
March 2025 | Rs. 105-123 |
April 2025 | Rs. 114-136 |
May 2025 | Rs. 117-137 |
June 2025 | Rs. 127-156 |
July 2025 | Rs. 144-168 |
August 2025 | Rs. 144-170 |
September 2025 | Rs. 149-175 |
October 2025 | Rs. 162-201 |
November 2025 | Rs. 178-210 |
December 2025 | Rs. 183-215 |
Factors Influencing IRFC Share Price Target 2025
The IRFC share price target for 2025 is predicted to reach Rs. 380. Below are the key factors that influence the share price of IRFC:
- Long-term railway projects: With major projects such as high-speed trains and dedicated freight corridors, the involvement of IRFC will also become strong. It will drive more revenue and hence increase the share price.
- Increase in the demand for Rail Freight: As the demands of freight and passengers are increasing, it will eventually demand more investment in infrastructure. The IRFC will play a major role in funding and it will increase the IRFC share price.
- Initiatives toward sustainability: Indian railways are always adopting green and more sustainable advancements. It requires more financing to work on eco-friendly projects which will boost the stock’s appeal and share price.
IRFC Share Price Target 2030
Months | NSE IRFC share price target |
January 2030 | Rs. 690.10 |
February 2030 | Rs. 699.20 |
March 2030 | Rs. 704.40 |
April 2030 | Rs. 713.60 |
May 2030 | Rs. 719.65 |
June 2030 | Rs. 731.80 |
July 2030 | Rs. 743.00 |
August 2030 | Rs. 752.30 |
September 2030 | Rs. 760.60 |
October 2030 | Rs. 780.60 |
November 2030 | Rs. 809.90 |
December 2030 | Rs. 822.00 |
Factors Influencing IRFC Share Price Target 2030
IRFC share price target in 2030 could reach Rs. 822. The main factors driving the growth of IRFC share price are listed below:
- Railway Network Expansion: The Indian railway network is expanding rapidly along with modernization. IRFC is responsible for financing such projects which will in turn provide more revenue and increase the share price of IRFC.
- Government Policies: The government is more focussed on the betterment of Indian railways, hence allocating more budget to start infrastructure initiatives. It further enhances the IRFC financial outlook and leaves a positive impact on the IRFC share price.
- Advancement in Technology: Railways adopt new technologies to enhance the infrastructure and the facilities of the trains such as high-speed trains, electrification, etc. It increases the involvement of IRFC for financing these projects which will lead to an increase in IRFC share price.
IRFC Shareholding Pattern
- Promotors: 86.36%
- Retail and Others: 11.45%
- Foreign Institutions: 1.11%
- Mutual Funds: 0.55%
- Other Domestic Institutions: 0.53%
Latest Financials of IRFC
- Revenue: ₹65.72B
- Operating Expense: ₹1.60B
- Net Income: ₹64.12B
- Net Profit Margin: 97.57%
| You May Like to Read: How to Start Forex Trading in India
Conclusion
Investors in IRFC shares must stay informed about the economic environment, government policies, and sector trends to make well-informed decisions. The share price of IRFC is expected to increase in the upcoming future but the actual performance of the shares depends on various factors. It is essential that before investing in IRFC shares, you must adopt a strategic approach to maximize the returns. The IRFC share price target is expected to reach Rs. 822 by the year 2030.
IRFC Share Price Target – FAQs
What is the dividend per share of IRFC in 2024?
Ans. IRFC declared a Rs. 0.80 per share dividend for the year 2024 which indicates that IRFC will provide value to the investors and maintain financial performance.
Is it good to buy IRFC shares for the long term?
Ans. As per the report, the IRFC shares are not working great for now but it is expected to boost in upcoming years. So, it can be a good investment for the long term.
Is it good to buy IRFC shares today?
Ans. Yes, you can buy the share today after checking the Indian railway share price today online. The IRFC shares are expected to grow in the future which will give you good profit in the future.
Tell me the result of IRFC Q4 2024
Ans. IRFC reported that it has gained 34% more profit in the month of March 2024 due to higher income.
Is there any chance that IRFC shares will grow in the future?
Ans. Yes, the IRFC is performing very well and the upcoming projects and government initiatives for Indian railways will enhance the profitability of IRFC which will increase the share price.