Share price of Indian Railway Finance Corporation Limited (IRFC) is currently trading at around Rs.34. Lot of existing as well as new investors are asking several questions about the IRFC share prediction and about the future of the company. People are also asking about the price target of the company for 2023, 2024 and 2025. The questions which are being asked by the investors from the Share Market experts and Chartered Accountants are on the following lines:
- Is IRFC good for future?
- Is IRFC a Government Company or Private Company ?
- What is the future of IRFC share price?
- What is the share price target of IRFC for 2023,2024 & 2025?
- What is the share price prediction of IRFC after the Budget 2023?
- What is the share price target of IRFC in the next 6 months?
Based on the questions posed by the investors, past history, background and future prospects of the company, we will discuss, analyse and explain about the future price prediction of the share price of the Company in medium to long term.
IRFC is the financing arm of the Indian Railways and is a Government Company. IRFC is engaged in the leasing of Railway Infrastructure Assets and national projects of the Government of India. There is expectation that in the forthcoming Budget 2023 will also provide some boost to the Railway Infrastructure.
IRFC is also p[roviding lending support to other Railway Sector entities like Konkan Railway,IRCON and RaiTel etc.
Looking at the future prospects and strong background of the Company ,the share price of IRFC is likely to touch the level of around 50 by the end of 2023.
IRFC share can touch the level of Rs.70 by the end of 2024 and Rs.100 by the end of 2025.
FAQs on IRFC:
- How to Buy IRFC Share?
If you have a Demat Account, you can easily buy the IRFC Share through your Account. If you do not have a Demat Account, you can open the same with any share broking company and start buying and selling the shares.
- What is the Share Price of IRFC?
Current Market Price of IRFC Share is around Rs.34
- What is the Market Capitalisation of IRFC?
Market Capitalisation of IRFC is around Rs.42995 Crore as on 2nd January 2023.
- What is the PE and PB ratio of IRFC?
PE Ratio of IRFC is 6.66 and PB Ratio is 1.05 as on 2nd January 2023
*What is the 52 Week High and Low of IRFC?
52 week low of IRFC is Rs.19.30 and 52 week high of IRFC is Rs.37.10
Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the market expectations from the Budget 2023. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only.
