INDIAN RAILWAY FINANCE CORPORATION [IRFC] was listed in the Indian Corporate Market on 12th December 1986, it is also called the right arm of Indian Railway Finance. Despite being a public sector, it is under the control of Ministry of Railways “Government of India” Therefore, Indian Railways has its contribution in all types of productions like infrastructure, coaches, tracks, wagons ,locomotives . Indian Railways plays an important role in all the works related to infra and all types of works like loco, engineering, track, lights etc.
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2024 INDIAN RAILWAY FINANCE SHARE PRICE TARGET
| IRFC | CLICK4INVESTING.COM |
|---|---|
| MARKET CAP | ₹ 1,48,197 Cr |
| HIGH /LOW | ₹ 184/25.4 |
| STOCK P/E | 24.4 |
| ROE | 14.7% |
| ROCE | 5.32% |
| DIVEDEND YIELD | 1.32% |
| BOOK VALUE | ₹ 36.5 |
| FACE VALUE | ₹ 10.00 |
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ONE YEAR PRICE CHART OF INDIAN RAILWAY FINANCE
IMAGE CREDIT SOURCE : TRADING VIEW
PROS AND CONS OF INDIAN RAILWAY FINANCE CORPORATION
[IRFC]
| PROS | CONS |
|---|---|
| * The company is giving 25.3% CAGR growth rate in the last 5 years. | * The stock is trading 2.72 % above its book value |
| * The company is continuously paying dividend at the rate of 30.7%. | * 3730 days high companies debtor days |
TARGET SHARE PRICE OF INDIAN RAILWAY FINANCE CORPORATION
[IRFC] 2024,2025,2026,2027 TO 2033
| YEAR | MINIMUM PRICE CHART | MAXIMUM PRICE CHART | AVERAGE PRICE CHART |
|---|---|---|---|
| 2024 | ₹86 | ₹128 | ₹116 |
| 2025 | ₹91 | ₹139 | ₹122 |
| 2026 | ₹101 | ₹164 | ₹140 |
| 2027 | ₹123 | ₹188 | ₹164 |
| 2028 | ₹146 | ₹198 | ₹175 |
| 2029 | ₹167 | ₹213 | ₹201 |
| 2030 | ₹187 | ₹244 | ₹212 |
| 2031 | ₹223 | ₹278 | ₹219 |
| 2032 | ₹254 | ₹299 | ₹268 |
| 2033 | ₹293 | ₹323 | ₹312 |
KEY POINTS : 2024 INDIAN RAILWAY FINANCE SHARE PRICE TARGET
IRFC IPO DETAIL January 18th 2021 first time IRFC entered into Indian Exchange both NSE or BSE as a IPO, and got listed in 29 January 2021 ,IPO band was set on 25 to 27 rupees per
share minimum share allotted retail investor is 575 shares and the minimum amount
required in IPO for retail investor is rupees 14950.
When IRFC’s share got registered in the IPO banking segment in the Indian market, it became clear how much is the demand for its share or many investors have seen the GMP of this share and said that the share has a lot of potential to become a multi-begar. If today is the present time Speaking of which, IRFC share has returned almost four times its investors’ money as compared to its listing day.
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PEER COMNPITETORS : 2024 INDIAN RAILWAY FINANCE SHARE PRICE TARGET
- IRFC with market cap of ₹ 20,3149.93 Cr
- POWER FIN CORPORATION with market cap of ₹ 143125.41 Cr
- REC LTD with market cap of ₹ 124722.65 Cr
- INDIAN RENEWABLE ENERGY with market cap of ₹ 47828.77 Cr
- IFCI with market cap of ₹ 13531.05 Cr
- TOUR.FIN CORPORATION with market cap of ₹ 1805.64 Cr
- GUJRAT STATE FINANCE with market cap of ₹ 288.81 Cr
IRFC SHARE HOLDING PASTTERNS
| HOLDINGS | MARCH 2021 | MARCH 2022 | MARCH 2023 | JUNE 2023 | SEP 2023 |
|---|---|---|---|---|---|
| Promoters | 86.36% | 86.36% | 86.36% | 86.365 | 86.36% |
| FIIS | 1.44% | 1.02% | 1.15% | 1.14% | 1.14% |
| DIIS | 4.23% | 3.18% | 2.62% | 2.02% | 1.63% |
| PUBLICS | 7.97% | 9.33% | 9,87% | 10.49% | 10.88% |
IPO [INITIAL PUBLIC OFFERING]
This share of RAILWAYS has played a huge role in the development of India .Firs Share January 2021 May Indian Stock Exchange came as IPO, IRFC equity 4,633.38 Cr or Offer For Sale {OFS} amount by GOL 1,544.46 Cr. After listed NSE or BSE IRFC handles infrastructure projects in Indian Railways , Or at the same time, it is also investing in modernization of railway stations, railway track electrification, various bonds or financial Equipment.
TOP MANAGEMENT : Mrs. Shelly Verma .Mr. Baldeo purushartha,Mr Sunil kumar Goel ,Mr. Bhaskar charodia, Mrs.Sheela Pandit , Mr. Vijay Babulal Shirode , Mr,Vallabbhai Maneklal Patel
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FAQ:
- IRFC Share 52week high low !
- IRFC Share 52week high low is 25.40/114 .00
- IRFC Share is Debt company !
- YEs |||
- IRFC Share are listed company !
- YES|||IRFC Share listed both NSE or BSE
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