Indian Railway Finance Corporation or IRFC Share price is in the news. As the stock fell slightly after market opening. What are analysts suggesting? Let’s find out recent news, target price and recommendations.
IRFC Share Price in The Market Today
As of today, IRFC Share price is at Rs 146.25, that is 0.48% down from the opening price. Today shares opened at Rs 147.70 and touched a high of Rs 147.81. The current UC limit is at Rs 161.65 and the LC limit is at Rs 132.26. The total market capitalization of the company stands around Rs 1,91,114 Cr.
Company Financials
The company has reported its Q4 financial results, where total income has grown by 4.11% to Rs 6,723.23 Cr. Operating profits were also increased by 3.99% to Rs 6677.67 Cr. But Profit After Tax has declined by 1.15% to Rs 1681 Cr, and Operating margins also fell slightly. However, the company has reduced its debt-to-equity ratio, which have improved the financial stability.
Recent News about IRFC
- IRFC is now expanding its portfolio beyond railway financing. The company is also investing in Metro and Rapid Rail Projects.
- The new movie financing has improved profit margins and boosted future earnings,
- IRFC added Rs 14000 crore worth of new assets and aims to reach Rs 30000 crore in disbursements by next year.
IRFC Share Target Price
IRFC has multiple target prices from several financial institutions and analysts. FIGW suggested a target between Rs 129.36 and Rs 203.32 by the end of 2025. On the other hand, Moneymintidea suggested Rs 184.62 to Rs 370. However, Consensus has downgraded the stock and suggested Rs 50.
Recommendation on Buy or Sell
According to the moneycontrol website, 100% of the analysts recommend selling IRFC Shares. On the other hand, Consensus does not have any recommendation but lowered its target price to Rs 50.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
