Indian Railway Finance Corporation Ltd, or IRFC Share Price, is in the news today. Should you buy, hold, or sell? Let’s check the company’s financials, recent news, target price suggestion,s and recommendations.
IRFC Share Price in The Market Today
As of today, the IRFC Share Price is at Rs 124.39, which is 0.10% up since yesterday’s closing. The stock opened at Rs 126. The current UC limit is at Rs 136.68, and the LC limit is at Rs 111.83. The total market capitalization of the company is around Rs 162493 crores.
Company Financials
IRFC has released its first-quarter financial results. It shows a 2.21% spike in total income of Rs 6915.38 crores. Another 2.02% jump in operating profits of 6867.22 crores, and a solid 10.71% jump in profits after tax of Rs 1745.69 crores. But operating margins fell slightly by 0.19%. All these figures are compared on a YoY basis.
Recent News About IRFC
- IRFC joined a lender consortium to provide Rs 4,000 crore towards Talcher Fertilizers Limited’s Coal Gasification Urea Project in Odisha, marking India’s first coal gasification-based urea facility.
- The company extended ₹3,388.51 crore in funding to Patratu Vidyut Utpadan Nigam Limited (PVUNL) for the Banhardih Coal Block project in Jharkhand to expand its reach in the energy sector.
IRFC Share Target Price
As one of the most popular stocks in the market, IRFC Share has multiple target price suggestions. Motilal Oswal suggests a target range between Rs 95 and Rs 100. However, Consensus analysts suggest a target of Rs 60 by the end of 2025.
Recommendations on Buy or Sell
According to the moneycontrol website, 100% of the analysts suggest selling these shares. On the other hand, the Consensus analyst does not have any recommendation for IRFC.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
