In this article, we will study the fundamental and technical analysis to find out the Indian Railway Finance Corporation Share Price Target.
Indian Railway Finance Corporation (IRFC) is a public sector company that was established in 1986 with the objective of financing the expansion and modernization of the Indian Railways. It is a designated financial institution that raises funds from various sources to lend to the Indian Railways.
IRFC went public in January 2021, and its shares have been listed on the Indian stock exchanges, namely the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). Here’s an overview of the company’s share price performance:
IRFC Share Price Performance
Listing Date
IRFC was listed on the stock exchanges on January 29, 2021. On that day, the stock opened at Rs. 24.90 and closed at Rs. 24.80.
Current Share Price
As of April 9, 2023, the IRFC share price on the NSE was Rs. 27.45.
Market Capitalization
IRFC’s market capitalization, as of April 9, 2023, was approximately Rs. 35,873 crores.
Indian Railway Finance Corporation Share Price Target 2023 2024 2025 2030
Now we will understand the Indian Railway Finance Corporation Share Price Target for 2023, 2024, 2025, and 2030 through Fundamental and Technical Analyses.
Fundamental Analyses of Indian Railway Finance Corporation Share Price Target 2023 2024 2025 2030
At the time of writing on 09/04/2023, check the main fundamental points of the Indian Railway Finance Corporation Share given below:
- Market Cap:Â The market cap is Rs. 35,873 Cr.
- Number of shareholders:Â 16.1L
- PE is:Â 5.89
- CAGR:Â 10.27%
- 1 Year Return:Â +24.21%
- 1 Month Return:Â -2.66%
- Face Value:Â Rs. 10
Indian Railway Finance Corporation Share Price Returns
As of 09/04/2023, the Indian Railway Finance Corporation Share Price Returns are given below in table form.
| 1 Month | -0.72 |
| 1 Year | +22.00 |
| 5 Years | +10.69 |
Indian Railway Finance Corporation Share Financials
All figures in Rs Cr (Image Courtesy: https://www.screener.in/company/IRFC/#profit-loss)
Technical Analysis of Indian Railway Finance Corporation Share Price Target 2023 2024 2025 2030
As we all know, Indian Railway Finance Corporation is doing good in its business nowadays, and if they continue to do the same, we can expect this stock to be a multi-bagger stock soon.
chart courtesy Tradingview.com
The high of the Indian Railway Finance Corporation was 37.10 in Nov 2022. Now, it is trading near the price of 27.45.
Indian Railway Finance Corporation Share Price Target 2023
The analysis for Indian Railway Finance Corporation Share Price Target 2023 is given below:
The Indian Railway Finance Corporation Share Price Target for 2023 is 35. If it crosses 35, then the next target would be 40.
Indian Railway Finance Corporation Share Price Target 2024
To predict the Indian Railway Finance Corporation Share Price Target 2024, we do a higher frame analysis that is weekly and monthly. It seems that Indian Railway Finance Corporation Share Price Target for 2024 is around 45 and 50.
Indian Railway Finance Corporation Share Price Target 2025
Indian Railway Finance Corporation Share Price Target for 2025 is around 60 and 65.
Indian Railway Finance Corporation Share Price Target 2030
Indian Railway Finance Corporation Share Price Target for 2030 is around 150.
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Table of Indian Railway Finance Corporation Share Price Target 2023 2024 2025 2030
| YEAR | Indian Railway Finance Corporation SHARE PRICE TARGET |
|---|---|
| 2023 First Target | Rs 35 |
| 2023 Second Target | Rs 40 |
| 2024 First Target | Rs 45 |
| 2024 Second Target | Rs 50 |
| 2025 First Target | Rs 60 |
| 2025 Second Target | Rs 65 |
| 2030 Target | Rs 150 |
Indian Railway Finance Corporation SHARE PRICE TARGET
Factors Affecting IRFC’s Share Price
Several factors can impact a company’s share price performance. Here are some of the factors that can affect IRFC’s share price:
Interest Rate Fluctuations
As a financial institution, IRFC’s profitability is directly linked to interest rates. Any fluctuations in interest rates can impact IRFC’s profitability, which can, in turn, affect its share price.
Economic Growth
IRFC’s business is closely linked to the growth of the Indian economy. As the economy grows, the demand for transportation and infrastructure increases, which can lead to increased borrowing by the Indian Railways. This, in turn, can benefit IRFC and its share price.
Government Policies
As a government-owned company, IRFC’s operations and financial performance are influenced by various government policies related to infrastructure development, transport, and finance. Any changes in these policies can affect IRFC’s business and its share price.
Conclusion
IRFC is an important financial institution that plays a vital role in financing the growth and development of the Indian Railways. Since its listing in January 2021, IRFC’s share price has seen some fluctuations. However, several factors, including interest rate fluctuations, economic growth, and government policies, can affect its share price in the future.
Investors who are considering investing in IRFC should carefully consider these factors and conduct thorough research before making any investment decisions.
Frequently Asked Questions
Is Indian Railway Finance Corporation Profitable?
Right now, it has become profitable, and the company is doing its best in its segment.
Is Indian Railway Finance Corporation good for the long term?
At this moment, we know that there is a good investment in this field, and one can see good growth in this company in the coming years.