IRFC means Indian Railway Finance Corporation as it’s name suggest it’s nature of work, yes you have correctly guessed IRFC nature of work. IRFC is working for mainly purposes are for Providing Loans to Indian Railway Companies for Infrastructure, Leasing to railway companies etc. You must be aware that IRFC is a government owned company. We are going to understand IRFC share price target 2030 by understanding fundamentally and technically of this stock.
Table of Contents
IRFC Company an Overview:
IRFC is a government owned company for lending, leasing purpose to government railway companies. IRFC was founded in year 1986. IRFC company are Mini Ratna public sector entity. In short about nature of work we can understand by this as this company is a NBFC who is not taking deposits.
IRFC Shareholding Pattern:
Majority stake are held by government approx. 86.36% rest are holding by FIIs, DIIs and Public. With the below understanding we will understand IRFC share price target 2030 and so on because major factors are below to drive any futuristic prices
IRFC Fundamental Details:
| Narrations | Remarks |
| Market Cap | Rs.234,005 Crore |
| Stock PE | 36.3 times(High as compare to Peers) |
| ROCE | 5.73%(Low) |
| ROE | 13.7%(Average) |
| Interest Coverage | 1.32(Low) |
IRFC share Pros:
- Company have maintain good Dividend Payout
IRFC share Cons:
- Stock is trading at high to it’s book value approx 4.5 times.
- Interest coverage ratio are low
IRFC share Fundamental decision:
As per market analysis IRFC are have low ROCE ration and high PE Ratio. On the other side company having decent at ROE and dividend payout.
IRFC Share Technical Analysis:
If we analysis last 1 year share price it increased from Rs.50 to Rs.230 given approx. 3.6 times return because of government given good amount of orders to Railway companies like RVNL, IRCON etc. who is customer of IRFC. First this share rallied in Aug 2023 from Rs.50 to Rs.85 then consolidated from Sept 23 to Dec 2023. Then again rallied in Dec 23 and Rs.80 to Rs.180, given good return to shareholders. From then it is not given much amount of rally. Currently this share is trading at this level as well. We are now expecting a rally in the share for at least Rs.50-60 on the basis of previous rally and chart formation.
We have taken above chart from Trading view
Also Read: ITC Share Price Target
IRFC Share Price Targets
IRFC share price Target for Year 2024
| Month | Expected Price |
| IRFC share price in Jan 2024 | *** |
| IRFC share price in Feb 2024 | *** |
| IRFC share price in Mar 2024 | *** |
| IRFC share price in April 2024 | *** |
| IRFC share price in May 2024 | *** |
| IRFC share price in June 2024 | *** |
| IRFC share price in July 2024 | *** |
| IRFC share price in Aug 2024 | *** |
| IRFC share price in Sept 2024 | 185.4 |
| IRFC share price in Oct 2024 | 193.5 |
| IRFC share price in Nov 2024 | 201.3 |
| IRFC share price in Dec 2024 | 220.5 |
IRFC Share Price Target 2025
| Month | Expected Price |
| IRFC share price in Jan 2025 | 222.6 |
| IRFC share price in Feb 2025 | 234.9 |
| IRFC share price in Mar 2025 | 227 |
| IRFC share price in April 2025 | 201 |
| IRFC share price in May 2025 | 214.8 |
| IRFC share price in June 2025 | 212.4 |
| IRFC share price in july 2025 | 220.7 |
| IRFC share price in Aug 2025 | 245.8 |
| IRFC share price in Sept 2025 | 254.9 |
| IRFC share price in Oct 2025 | 266.4 |
| IRFC share price in Nov 2025 | 251.5 |
| IRFC share price in Dec 2025 | 244 |
IRFC Share Price Target 2026
| Month | Expected Price |
| IRFC share price in Jan 2026 | 252.87 |
| IRFC share price in Feb 2026 | 266.34 |
| IRFC share price in Mar 2026 | 270.54 |
| IRFC share price in April 2026 | 256.56 |
| IRFC share price in May 2026 | 268.67 |
| IRFC share price in June 2026 | 282.77 |
| IRFC share price in july 2026 | 298.12 |
| IRFC share price in Aug 2026 | 312.23 |
| IRFC share price in Sept 2026 | 301.34 |
| IRFC share price in Oct 2026 | 287.65 |
| IRFC share price in Nov 2026 | 305.87 |
| IRFC share price in Dec 2026 | 299.7 |
IRFC Share Price Target 2027
| Month | Expected Price |
| IRFC share price in Jan 2027 | 314.7 |
| IRFC share price in Feb 2027 | 310.56 |
| IRFC share price in Mar 2027 | 286.76 |
| IRFC share price in April 2027 | 305 |
| IRFC share price in May 2027 | 330.56 |
| IRFC share price in June 2027 | 350.56 |
| IRFC share price in july 2027 | 349.47 |
| IRFC share price in Aug 2027 | 345.76 |
| IRFC share price in Sept 2027 | 323.43 |
| IRFC share price in Oct 2027 | 340 |
| IRFC share price in Nov 2027 | 354 |
| IRFC share price in Dec 2027 | 355.76 |
IRFC Share Price Target 2028
| Month | Expected Price |
| IRFC share price in Jan 2028 | 365 |
| IRFC share price in Feb 2028 | 372.9 |
| IRFC share price in Mar 2028 | 365 |
| IRFC share price in April 2028 | 359 |
| IRFC share price in May 2028 | 372.8 |
| IRFC share price in June 2028 | 384.4 |
| IRFC share price in july 2028 | 379.7 |
| IRFC share price in Aug 2028 | 365.8 |
| IRFC share price in Sept 2028 | 349.9 |
| IRFC share price in Oct 2028 | 375.4 |
| IRFC share price in Nov 2028 | 389.5 |
| IRFC share price in Dec 2028 | 399.9 |
IRFC Share Price Target 2029
| Month | Expected Price |
| IRFC share price in Jan 2029 | 410.5 |
| IRFC share price in Feb 2029 | 415.7 |
| IRFC share price in Mar 2029 | 409 |
| IRFC share price in April 2029 | 401 |
| IRFC share price in May 2029 | 389 |
| IRFC share price in June 2029 | 405 |
| IRFC share price in july 2029 | 426 |
| IRFC share price in Aug 2029 | 435.89 |
| IRFC share price in Sept 2029 | 446.78 |
| IRFC share price in Oct 2029 | 460.4 |
| IRFC share price in Nov 2029 | 475 |
| IRFC share price in Dec 2029 | 465.6 |
IRFC Share Price Target 2030
| Month | Expected Price |
| IRFC share price in Jan 2030 | 477 |
| IRFC share price in Feb 2030 | 487.9 |
| IRFC share price in Mar 2030 | 491 |
| IRFC share price in April 2030 | 499 |
| IRFC share price in May 2030 | 505.8 |
| IRFC share price in June 2030 | 512.4 |
| IRFC share price in july 2030 | 523.7 |
| IRFC share price in Aug 2030 | 535.8 |
| IRFC share price in Sept 2030 | 544.9 |
| IRFC share price in Oct 2030 | 561.4 |
| IRFC share price in Nov 2030 | 574.5 |
| IRFC share price in Dec 2030 | 571 |
Also Read: NHPC Share Price target
Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.