The Indian Railway Corporation (IRFC) and the National Highways Authority (NHA) are expected to be the biggest beneficiaries of the 2022 Indian budget. Investors are looking for the “lifeline” stocks of Indian railway related companies, including IRFC.
IRFC Securities Ratio (IRFC SECR), one of the several mini ratna companies belonging to IRFC, has witnessed a consistent uptrend in the past couple of weeks.
The IRFC Share price target 2024 has been fixed at Rs. 176, the highest level since Jan 29th, 2021, while the 52-week low has been Rs. 25, the lowest level in the past two years.
The Share Price Target of IRFC in 2024 is almost 387 percent higher than the last 52-week High during the same period.
Let’s take a look at the following factors and details pertaining to the IRFC Share price target 2024.
IRFC Share Price Target (2024)
Month (2024) Maximum Target MinimumTarget
JanuaryRs – Rs – February Rs 215.41Rs 193.45 March Rs 216.88Rs 201.86 April Rs 229.13Rs 210.48 May Rs 238.83Rs 212.43 June Rs 245.57Rs 233.55 July Rs 255.29Rs 235.82 August Rs 259.51Rs 237.68S eptember Rs 267.70Rs 252.28 October Rs 277.22Rs 259.06 November Rs 292.87Rs 265.55 December Rs 298.61Rs 285.85
IRFC Share Price Target (2025)
Month (2025) Maximum Target Minimum Target
January Rs 311.17Rs 284.54 February Rs 307.62Rs 281.64 March Rs 321.15Rs 288.44 April Rs 324.87Rs 304.27 May Rs 337.95Rs 312.98 JuneRs 342.18Rs 304.90 July Rs 349.09Rs 324.36 August Rs 355.97Rs 326.89 September Rs 374.36Rs 337.09 October Rs 385.52Rs 344.49 November Rs 392.56Rs 359.73 December Rs 409.80Rs 372.76
IRFC Share Price Target (2026 to 2035)
Year Maximum target Minimum Target 2026 Rs 529.11Rs 373.60 2027 Rs 648.13Rs 456.57 2028 Rs 771.31Rs 551.18 2031 Rs 1106.92Rs 830.18 2035 Rs 1576.79Rs 1178.92
IRFC has a share price target of Rs.14935 on the NSE for 2025, which is a 487% increase from Rs.45 as of March 2022. The Indian Central Government's total market capitalization for IRFC and ICI stands at Rs. 2.42 lakh crore as of January 2024. The Share Price Target of IRFC in 2024 is 49%, whereas in 2025, it has a target of more than Rs.400, a 100% increase until the year's end.
Railway stocks like IRFC, IRcon, and others have seen huge price increases in the past couple of days. According to the company's annual report for FY2023, the return on investment is expected to be 4.24% and the net income is expected to increase by 4.06% compared to the previous year. The company has a P/E ratio of 37.75 and a dividend yield of 0.85%. It is advisable to consult an expert before investing your money into the volatile and ill-structured stock market.
Indian Railways IRFC Share Price Target is expected to outperform the PPP (Price-Per-Share) in the short term. The government of India is aiming to improve the essential transportation infrastructure in India, which is likely to attract investors who are interested in investing in the railway sector. Therefore, the government’s policies and regulations will influence the railway sector’s stock price. Investors should always be aware of the market volatility and the country’s economic situation.
However, according to the company’s financial statement, Indian Railways’ net profit and revenue are expected to increase moderately in FY2023. The business operations of the company have been transformed by the use of technology. Investors should pay close attention to the technological developments of the company.
According to the IRFC’s Share Price Target 2024, the stock price of IRFC is expected to increase significantly.
