IRFC shares jump over 9%, hits the upper circuit, board scheduled to declare Q4 results

IRFC Shares: IRFC Shares Price on NSE/BSE

IRFC shares ran like a bullet train in the special trading session on Saturday, May 18, . IRFC shares have shown a rise of 9.93% in a single day. In the last one week this stock has shown a rise of almost 18% and in the future also this stock is going to show a rise like a bullet train.

IRFC shares started the day at Rs 158.45 and closed at Rs 173.30. The whole day’s trading session was quite good or the stock is also expected to perform well. IRFC shares’ day’s high was Rs 170.50 and low was Rs 157.10. total market capitalization is 2026LCr. PE ratio is 36.58 or sector PE ratio is 16.97. PB ratio is 4.86 or sector PB ratio is 2.84. The company is providing a dividend yield of 0.89% or on the other hand the sector is providing a dividend yield of 0.88%.

Q4 results FY24 ready to release

The board of directors of IRFC (Indian Railway Finance Corp Ltd) has scheduled to declare fourth-quarter (Q4 FY24) earnings on Monday, May 20 next week. IRFC shares are listed on both NSE and BSE. If we look at the performance history of IRFC for the last 5 days, the share has increased by more than 15% and in the same way, it is expected that the Quarterly results of FY24 will also show better performance as compared to the previous Quarter results.

Peer comparison of IRFC Stock

In this peer comparison, IRFC’s stocks or its competitive railway sectors’ stocks have been compared which is related to the stock’s PE ratio, 1-year return or experts’ opinion. To know about the market situation of stocks based on all these factors. IRFC comes under the ministry of railway, India.

Financial History of IRFC Shares

IRFC (Indian Railway Finance Corp Ltd) shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). IRFC (Indian Railway Finance Corp Ltd) shares have shown very good performance to its shareholders since its inception. In the last 5 years, IRFC (Indian Railway Finance Corp Ltd) has given a return of 582.46% which is included in the category of a multibagger stock. It has given a return of 399.26% in the last one year. If we look at the performance of the last 6 months, it has given a return of 122.40% or in the last one month it has given a return of 19.23%.

IRFC (Indian Railway Finance Corp Ltd) shares have shown good performance in the last 5 years, its revenue growth rate was very good. In the last 5 years, IRFC (Indian Railway Finance Corp Ltd) shares revenue growth has been increase than industry growth. The industry revenue growth rate was 11.35% and IRFC (Indian Railway Finance Corp Ltd) revenue growth rate was 20.89% and IRFC (Indian Railway Finance Corp Ltd) market share has also increased from 8.7% to 13.07% and over the 5 years IRFC (Indian Railway Finance Corp Ltd) has increased its net income yearly rate by 25.26% as compared to the industry average growth rate of 14.26%.

About IRFC Limited

IRFC (Indian Railway Finance Corporation Ltd) is an Indian public sector undertaking company. The entire administrative control of IRFC is under the Ministry of Railways. The government itself has a huge majority stake. The headquarters of IRFC is in New Delhi, India. Its subsidiary companies are Indian Railway Finance Corporation Limited, Asset Management Arm. IRFC was comes in market in 1987-88 and was founded by A.Kishore. The company launched its IPO (Initial Public Offer) in the market on 18 January 2021 and got listed on National Stock Exchange of India / Bombay Stock Exchange both on 29 January 2021. IRFC raises money from financial institutions, financial bonds and banks.

IRFC Share Price Target for 2024

Share price target of IRFC (Indian Railway Finance Corporation Ltd) for 2024 could be depend upon market trends and situation. If the market will remain in the favour of IRFC (Indian Railway Finance Corporation Ltd) then these shares could be reach at Rs 287.00 by the end of this year. IRFC has the potential so it may cross this target price.

IRFC Share Price Target for 2025

Based on the technical factors share price target of IRFC (Indian Railway Finance Corporation Ltd) for 2025 could be predicted as of Rs 485.00.

IRFC Share Price Target for 2026

Share price target of IRFC (Indian Railway Finance Corporation Ltd) for 2026 could be estimated of Rs 690.00 by the end of this year. If the market remains bullish it could be exceeded.

IRFC Share Price Target for 2030

By the end of this year share price of IRFC (Indian Railway Finance Corporation Ltd) could be predicted as of Rs 1,650.00. Before making any financial investment consult with your financial expert.  

Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.

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