The IRFC Share Price Target for the years 2024, 2025, 2026, 2030, and 2040 are now accessible on this platform. Investing in the stock market demands a comprehensive comprehension of individual stock performance, encompassing both present and future market standings. For individuals interested in the Indian Railway Finance Corporation (IRFC), the foremost query revolves around determining the anticipated share price for the upcoming years.
What is Indian Railway Finance Corporation?
The Indian Railway Finance Corporation (IRFC) is a public sector undertaking (PSU) under the ownership of the Ministry of Railways, Government of India. Here’s what you need to know:
Purpose:
- Funding Arm: IRFC’s primary role is to raise money from the domestic and international debt markets to finance the acquisition of rolling stock assets (locomotives, coaches, wagons) for the Indian Railways.
- Project Funding: It also extends funding for other railway-related projects and entities within the Ministry of Railways for their expansion and growth plans.
Establishment:
- Founded in 1986, IRFC was established as a dedicated financial institution to meet the expanding funding needs of the Indian Railways.
Key Points:
- Miniratna Status: IRFC has been granted “Miniratna” status by the Government of India, giving it greater operational autonomy and flexibility in financial decision-making.
- Profitable Venture: IRFC consistently earns profits and has a strong track record of raising funds at competitive rates.
- Key Role in Railway Development: Plays a crucial role in enabling Indian Railways to modernize and expand its network, improving connectivity and transportation services throughout the country.
Website: For additional information, you can visit the official IRFC website: https://irfc.co.in/
Metric | Value |
---|---|
Market Capitalization | ₹ 1,917,148.91 Crore (as of February 29, 2024, 15:30 IST) |
Company Value (Business Value) | ₹ 1,917,148.91 Crore |
52-Week High | ₹ 32.96 (as of February 28, 2024) |
52-Week Low | ₹ 14.08 (as of June 21, 2023) |
Before delving into predictions about the future, let’s take a moment to understand the current landscape of IRFC. As a pivotal figure in financing railway development throughout India, the Indian Railway Finance Corporation (IRFC) holds significant sway. Its stock price is subject to a myriad of factors including its financial standing, prevailing market conditions, and governmental regulations. Consequently, its stock price exhibits a consistent upward trend, mirroring the dynamics of the present market.
Year | Minimum Price (INR) | Maximum Price (INR) |
---|---|---|
2024 | 156.44 | 257.98 |
2025 | 288.09 | 357.68 |
2026 | 397.98 | 498.34 |
2030 | 803.33 | 908.32 |
2040 | 1647.05 | 1714.40 |
Please note
that the stock price targets provided here are formulated based on current market conditions, industry trends, company performance, and growth projections. These targets are subject to change depending on prevailing market sentiments.
We would like to emphasize that we are not authorized by the Securities and Exchange Board of India (SEBI). The information presented on this website is intended solely for educational and informational purposes and should not be construed as financial advice or stock market recommendations. Additionally, the stock price predictions offered here are for reference purposes only and should be considered valid only in the presence of positive market indicators.
It’s important to understand that this analysis does not account for any uncertainties regarding the future of the company or fluctuations in market conditions. We cannot be held responsible for any financial losses incurred as a result of relying on the information provided on this website.
Our goal is to furnish you with timely updates on the stock market and financial products to facilitate informed investment decisions. We strongly advise conducting your own research before making any investment decisions.
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