IRFC Share Price: Indian Railway Finance Corporation Ltd (IRFC) has experienced a huge downfall in its share price. The share is now currently trading nearly 36% lower from its all-time high of Rs 229.
IRFC share saw slightly increased 2.57% growth in the last trading session on Friday and closed at Rs 146.65 on NSE. However, the overall trend is negative as the share has dropped 4.05% in the last one month and 28.73% in the last 6 months.
Current Market Scenario of IRFC
IRFC share has experienced huge fluctuations in recent times ahead of Q3 results and union budget 2025. Before the Budget 2024, the share price of IRFC touched an all-time high of Rs 229 on both stock exchanges while the 52-week low was Rs 116.65. Despite the recent upside, the share has delivered negative returns of 8.49% in the last one year so far and nearly 491.33% in the last 4 years since listing.
Fundamental Analysis and Financial Performance
IRFC has a market cap of Rs 1,91,048.49 crore. The company has a PE ratio of 29.34 and EPS Rs 4.98. The EPS growth shows that the company is increasing its efficiency. Talking about its latest financial performance, IRFC reported a slight increase in revenue from operations of 2% at Rs 6,899.3 crore in the second quarter of FY25 compared to Rs 6,765 crore in the previous corresponding period. Similarly the company also recorded 4.4% rise in net profit at Rs 1,612.6 crore against Rs 1,544.6 crore in previous year.
What is the Future of IRFC?
IRFC is a company that funds Indian railways through leasing and finance. So the share price primarily depends on the new government policies and spending on railway Infrastructure for future growth of both company and share. However, investors’ sentiment toward IRFC shares is mixed.
As the government of India aims to enhance railway Infrastructure and services, the company’s financial health is most likely to be positive in future. If the government spends on the development of railway projects then the share price of IRFC as well as the company’s revenue will increase.
Experts Take on IRFC Share Price
Talking about market analyst’s opinion, IRFC shares have received mixed ratings considering high volatility in the share price. Some analysts are optimistic considering the future development plan of the Indian government while some concerns over the recent downfall.
IRFC Technical Analysis
According to the technical chart, IRFC share is now trading below its 20-day moving average which indicates that that share price may further move upsidel in the short-term. On other hand, the share is now trading above its 200-day moving average, indicating a potential rebound.
IRFC Target Price
The share is now consolidating in between Rs 140 – Rs 150 range. If the share price breaks Rs 150 level and holds for some days then it can move in an upward trend until Rs 175 representing nearly 20% upside from the current price level Rs 146.65.
Also Read: RVNL Share Price Target From 2025 to 2050
Should You Buy IRFC Ahead of Union Budget 2025
IRFC is going to announce its Q3 Results on January 20, 2025. With the Union Budget next month, analysts believe it is the best time to buy IRFC shares during the dips. If you already hold at a higher price, then you can average it.
Investors also need to keep an eye on the current market trends and government policies, and news related to Indian railways which might influence the share price.
FAQs
What is the Future of IRFC in 2025
IRFC Share is likely to move in an upward trend and reach Rs 175 in the short-term. By the end of 2025, IRFC Share Price can be Maximum Rs 370.
Should you buy IRFC shares now?
Yes, IRFC Shares are currently trading 36% down from its peak level. Investors looking for Maximum profit should buy ahead of Budget 2025.
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