Indian Railway Finance Corporation or IRFC Share Price is in the news. As the stock has fallen by more than 1%. Some analyst also suggested selling out. What should you do? Let’s recent news and recommendations.
IRFC Share Price in the Market Today
As of today, IRFC Share Price is at Rs 138.33, that is 1.52% down. Yesterday shares opened at Rs 136.01 and touched high of Rs 139.71. The current UC limit is at Rs 154.51 and the LC limit is at Rs 126.42. The total market capitalization of the company stands around Rs 1,80,776 crores.
Company Financials
Indian Railway Finance Corporation has reported a good Q4 FY25. According to the reports, the company made 4.11% growth in total income to Rs 6723.23 Crores. Where operating profits were up by 3.99% to Rs 6677.67 Cr. However, profit after tax fell by 1.15% to Rs 1681.87 Cr. But despite these minor set backs the company made annual net profit of Rs 6502 crores that is 1.4% growth from last year.
Recent News About IRFC
- IRFC has recently signed a Rs 5,000 crore loan deal with NTPC Limited. This shows IRFC is expanding its service beyond just railway financing and moving into other infrastructure sectors.
- In the last 33 weeks, IRFC’s share price has fallen by about 46%. But for long-term investors the financials look strong.
IRFC Share Price Target
FIGW suggested target price between Rs 129.36 to Rs 203.32. MoneyMintIdea, suggested Rs 165 to Rs 250. On the other hand Consensus Analyst downgraded the stock and suggested Rs 50 target price which is down from current prices.
Recommendation on Buy or Sell
According to the moneycontrol website, 100% of the analyst suggest selling IRFC Shares. On the other hand, consensus analyst has no suggestions currently.
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.