Welcome to another post from bsnews.in. In this post, we will talk about IRFC share price targets for 2022, 2025, 2030. Today we will know information about ‘IRFC’, whether we would be good to invest in it or not.
Hope you guys will like it. Let’s get started.
IRFC Share Price Details
Indian Railway Finance Corporation Company (IRFC) is owned by Government of India i.e. Ministry of Indian Railways. This company was started in the year 1986. Its Headquarter is present in Delhi. This company is known for its acquisition, renting out the property of railway infrastructure, leasing institutions on behalf of the Ministry of Railways.
Amitabh Banerjee is the Chairman and MD of the Indian Railway Finance Corporation Company. This Company Works on Finance Sector.
In a way, they are running their business as a monopoly. Because there is no other company than it.
|Company name||Indian Railway Finance Corporation Company|
|Number of Employees||37(2022)|
|Revenue||13,823.45 crores INR|
|Price||21.49 INR (19 Oct. 2022)|
|Subsidiary||Indian Railway Finance Corporation Limited ,Asset Management Arm|
|All-Time High Price||23.10 (2021)|
|All Time Low Price||25.80 in October (2021)|
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IRFC Share Price Target Details in Table
Let us know how much Happiest minds Future Share Price can be.
IRFC share price target 2022
The company is trading at 0.77 times its book value. If seen, then the business of the company comes in the growing category going forward.
If we talk about the target, then talking about IRFC Share Price Target 2022, then it can go from about 23 to 24.
IRFC share price target 2023
IRFC is a government company. most of which is with the government. Ever since the company is listed in the stock market, it has not given the shareholder by earning that good return.
But these stocks are going to give you good returns soon. Because big investors are seen buying a lot of quantity as soon as the stock price goes down. Due to which there is going to be a good jump in the share price in the coming days. By 2022, IRFC stock will show you the target of Rs29 to Rs30.
IRFC share price target 2024
The company’s financials have seen steady growth every year. The government keeps on making many announcements on investment in railway infrastructure. This company is going to get the most benefit because there is only one company to fund it, which is IRFC. Due to this a lot of growth can be seen in the future.
There are many opportunities to grow the business of the company. By which it can be said that 2023 this stocks are going to show you the first target of Rs.35 rupees and 2nd target of Rs37.
IRFC share price target 2025
The company pays more than 4% dividend to its shareholders every year. Due to which good income is also earned from dividend. The longer you stay invested in this company, the better returns you will get along with good dividends.
If you want to take good dividends with stable returns, then you should definitely consider investing in this stock. However, it is a government company, due to which very fast returns cannot be expected.
By 2025, IRFC share price Rs42 is the first target to be seen. After that, 45 rupees must be caught for the second target.
IRFC share price target 2026
If we talk about the Divided yield of the company, then it is around 4.56%, this is really a good thing.
Therefore, if we talk about IRFC Share Price Target 2025, then it can go up to about 50 to 52 rupees. It can show very good growth in the coming days.
IRFC share price target 2027
The growth potential of any government-owned company is high and it is run under the supervision of the Railway Ministry. If we look at the growth of the company’s CAGR in the last 5 years, then it is quite good i.e. up to 39.08%.
But if we look for a long time, then IRFC Share Price Target can go from 73 to 78 rupees by 2030.
IRFC share price target 2028 & 2029
But if we look for a long time, then IRFC Share Price Target can go from 71 to 75 rupees by 2028 and it can go from 80 to 82 by 2029.
IRFC share price target 2030
The work of Railway Infrastructure is increasing every year. Slowly, Indian Railways seems to be expanding itself. Many big projects are going to be seen growing rapidly in the coming days. For which a big investment will be required and only IRFC is going to fund it. Due to which the potential for growth of the company increases greatly in the coming time.
Talking about the stock target in the future, if the company does not issue bonus, then by 2030, you are going to easily see the first target of 99 shares of IRFC. Then you must hold on to the second target for 101.
IRFC Share Price Historical Data
If we talk about IRFC Share Returns, it has given only -10.29% returns in the last one year. If seen in the last 5 years, then -6.85% returns have been given, if seen, then it has done the loss of its share holders.
IRFC Share Track Record
If we talk about the financial records of the company, then its Net Profit in March 2020 was 3,692 crores, it has increased to about Rs4,416 crores in March 2021.
Talking about the company’s total assets, in the year March 2020, the company’s total assets were 275,934 crores, which was 378,051 crores in the year 2021.
If we talk about Earning Per Share (EPS TTM), then it is Rs4.23.
Risk in IRFC Share Price
- Company’s business is not very spread.
- Depends on Indian Railways. Due to which there is always a risk in business.
- Whenever there is a change in the government policy and there is a partnership between private and public, then the monopoly business of IRFC will be completely destroyed. Due to which there may be problems on the financial performance of the company in future.
IRFC Share Corporate Action:
- IRFC Share Price Bonus History: This company has never offered bonus to its shareholders till now.
- IRFC Share Divided history: This company had given a dividend of Rs 1.82 in the year 2021.
- IRFC Peer Companies: If we talk about Peer companies of this stock, then there are companies like Bajaj Finance, Bajaj Holdings, Banas Finance and L&T Finance in it.
- IRFC Share Holdings: If we talk about the share holdings, then FII has 1.09%, DII has 3.2%, Public has 9.34%, Promotors has 0.01% and Mutual Fund has 2.04% Share Holdings.
Share of IRFC with regard to future
- The business of the company is Monopoly, due to which it is going to be good in future.
- It is a company of the government, from which the support of the government is always going to be given. Due to this the risk in the company is very less and credit rating is always good.
- It is very important to manage the finance company as it is. And the management of IRFC is very experienced.
- The financial performance of the company has seen growth every year. It has produced good results consistently for the last few years.
IRFC is Good to Invest or Not?
If we talk about its fundamental and technical analysis, then this stock has the lowest interest coverage ratio. Talking about Equity Returns in the last 3 years, it is equal to 12.29% i.e. it has given less returns than Bank Deposit i.e. the growth is very slow.
But because it is owned by the government, there is no need to be afraid, but if any breakout appears in the coming days, then you can look towards it for a short period.
For the long term, it would be better to choose a market leader or good Fundament Stock of the same sector.
Our Opinion(Is IRFC Worth Buying?)
We want to invest in a company which has the potential to see some growth going forward, if you ask about this stock, it has given returns less than bank FD, so not for a long time but after any good correction later you Invest in it for a short period with the advice of your financial expert.
Yes you can invest in it. Before investing, please consult your financial advisor and do your own research as risk is always there in the stock market. I think this post is very helpful for you.
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Q: When did IRFC company become operational?
Q: All Time High Price of IRFC share?
25.80 In October 2021
Where is the headquarter of IRFC located?
Who is the Chairman and MD of IRFC?