This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated IRFC share price target 2024 to 2030, and 2035 are shown below.
Overview
The Indian Railway Finance Corporation (IRFC) was incorporated in December 1986 to fulfill finance for Indian Railways. The motto was to accumulate funds from domestic and overseas markets and provide funding for Indian Railways development.
IRFC is listed on the National Stock Exchange and the Bombay Stock Exchange. This article concerns share price forecasts for the next 10 years based on technical analysis, fundamental goals, and past performance. Estimated IRFC share price target for the year 2024 is 198 to 250, 260 to 310 for 2025, 320 to 410 in 2026, 425 to 490 in 2027, and 750 to 900 till 2030.
IRFC share price target 2024, 2025, 2026, 2027, 2028, 2029 and 2030
Year | First target | Second target |
2024 | 198 | 250 |
2025 | 260 | 310 |
2026 | 320 | 410 |
2027 | 425 | 490 |
2028 | 520 | 580 |
2029 | 610 | 740 |
2030 | 750 | 900 |
2035 | 1500 | 1610 |
Table of Contents
IRFC share price target 2024
The IRFC closing share price as of October, 01, 2024, is 155.50. It is not a fixed share price; fluctuation happens every second in the open market IRFC is given a 400% TTM (Trailing Twelve Months—Last Twelve Months) return. Stock is running above the 200, 100, 50, and 20-day moving average. The IRFC share price may increase to 198 as the first target and 250 as the second target in 2024.
Indian Railway Finance Corporation share price details 2024.
Month | First target | Second target |
May | 170 | 180 |
August | 190 | 202 |
October | 144 | 206 |
December | 240 | 250 |
IRFC share price target 2025
IRFC intends to broaden its scope and take on additional responsibility for financing the railway ecosystem. IRFC wants to use its financial experience to reduce concentration risks, broaden its lending portfolio, and make a substantial contribution to the development of the nation’s infrastructure. The IRFC share price target for 2025 may rise to 260 as the first target and 310 as the second target for the year 2025.
Indian Railway Finance Corporation share price details 2025.
Month | First target | Second target |
January | 260 | 265 |
July | 280 | 290 |
December | 305 | 310 |
IRFC share price target 2026
IRFC obtains borrowings at minimal cost from domestic and international markets through loans and bonds and provides funding at a lower rate to Indian Railways. As IRFC has strong credit ratings, the company raises funds at a lower rate. The IRFC share price target for 2027 might be 320 as the first target and 410 as the second target.
Indian Railway Finance Corporation share price details 2026.
Month | First target | Second target |
January | 320 | 325 |
July | 355 | 360 |
December | 405 | 410 |
IRFC share price target 2027
IRFC total revenue, pat, net worth, and AUM have grown to 21%, 26%, 14%, and 21% YoY, respectively. The IRFC share price target for 2027 is 425 as the first target and 490 as the second target.
Indian Railway Finance Corporation share price details 2027.
Month | First target | Second target |
January | 425 | 430 |
July | 450 | 460 |
December | 485 | 490 |
IRFC share price target 2028
The company achieved AAA/Stable ratings by CRISIL and AAA/Stable ratings by ICRA and CARE for long-term domestic borrowings. Also achieved A1+ by CRISIL, ICRA, and CARE for short-term domestic borrowings in the years 2022–2023. As per ratings, the company has a stable future, and the IRFC share price target of 2028 may rise to 520 as the first target and 580 as the second target.
Indian Railway Finance Corporation share price details 2028.
Month | First target | Second target |
January | 520 | 525 |
July | 540 | 545 |
December | 575 | 580 |
IRFC share price target 2029
Indian Railway Finance Corporation is a Miniratna 1 and Schedule A public sector enterprise. (Miniratna 1 is a category status given to those companies that achieve high profit in the last 3 years continuously, and organizations should achieve 30 crore or more profit at least in any one of the three years with a high net worth.) The IRFC share price target for the year 2029 is 610 as the first target and 740 as the second target.
Indian Railway Finance Corporation share price details 2029.
Month | First target | Second target |
January | 610 | 625 |
July | 680 | 695 |
December | 735 | 740 |
IRFC share price target 2030
The company has planned many more projects for the future of Indian Railways until 2030 and is working on them. As it is a PSU company, change is government leading may effect on the stock price. The IRFC share price target for 2030 is 750 as the first target and 900 as the second target.
Indian Railway Finance Corporation share price details 2030.
Month | First target | Second target |
January | 750 | 762 |
July | 850 | 868 |
December | 895 | 900 |
IRFC share price target 2035
IRFC share price grown by 90% CAGR in past three years.
The Indian Railway Finance Corporation share price for 2035 is 1500 as the first target and 1610 as the second target.
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What is IRFC company?
IRFC, or Indian Railway Finance Corporation, works for infrastructure development for Indian Railways by providing funding at lower rates.
Is it worth buying IRFC share?
CRISIL and other domestic and international rating agencies have given a good credit rating, and the company also performed well in the last 3 years. With the government’s interest in future growth and the institutional buy recommendation, it is worth buying IRFC shares.
is IRFC small cap?
IRFC is a large cap company.
is IRFC debt-free company?
IRFC has a debt of INR 4,12,032 crore.
what is IRFC share price target 2040?
The estimated IRFC share price target for 2040 is 2800 to 3000.
Conclusion
The company’s financials are good; they are increasing steadily. Revenue, EBITDA, and PAT have grown YoY in the past three years. The share price is also on a bullish trend, and it is above the 200, 100, 50, and 20-day moving averages. current PE 36 and it is higher than sector PE (PE is believed to be high if it is above 20–25). Usually, a stock correction happens when the price is overvalued, but it is not necessary to be; even small corrections happen frequently.
In this article, share price targets are shown on the basis of past performance, fundamental and technical analysis. It is only for educational purposes, so don’t consider it a buying or selling recommendation. Happy learning.