Indian Railway Finance Corporation of IRFC has been one of the top choices for investors. The stock has seen many ups and downs in the market but still, interest for this stock is always high. It started with Rs 26 in January 2021 and hit an all-time high of Rs 229. Currently, the share price is trading at Rs 133.43 which is a 2.11% dip.
IRFC Share Price in Today’s Market
As of 7th February IRFC share is going for Rs 133.43. The share was opened on Rs 135.99 which means it’s not a good day today. The total market capitalization of IRFC is 1,73,373.1 Cr.
Company Financials
IRFC has seen significant growth in the year 2024. It made a sales of Rs 26645 Crore which was Rs 23722 Crore back in 2023. As a result net profit also sore up from Rs 6167 Crore in 2023 to Rs 6412 Crore in 2024. Operating profit is also in growth, in 2024 the number is Rs 26513 Crore which is 12.43% higher than the previous year.
Recent News
If you are interested to know about the recent news about IRFC then here’s as short update:
- In the end of 2024, IRFC has given a 49% return to its investors
- The 52 Week High was Rs 229 which was back in July 2024, Which means the stock is down by 35% from ATH. The fall is seen after the BUDGET 2025 announcement.
- IRFC has also given out dividends to investors two times, once in 2022 and then in 2023. The last dividend was Rs 1.5 per share.
IRFC Share Price Target
If you are planning to get some IRFC Shares, then you should know what experts are saying about this. Many analysts say the share price of IRFC should reach Rs 184.62 to Rs 370 by the end of 2025. And for long-term holder,s it can reach up to Rs 610-865 by 2030 or Rs 1350-2078 by 2024. Sneha Seth from ET NOW Swadesh said that Once the share price crosses Rs 150 mark the target price should be Rs 165 to 170.
Recommendation on Buy or Sell?
Market Expert Sneha Seth advises holding IRFC shares. She also suggests keeping a stop loss of Rs 125-127. So, If you have some of these shares try to hold them for some more time with keeping the stop loss.
