IRFC Share Price has been in the news for the past few days. It has gone up by 2.7% already Today since opening. How will this stock perform and what are analysts recommending? Let’s check the analysis and recent news.
IRFC Share Price in Today’s Market
As of today, 7th March 2025 IRFC Shares are trading for Rs 123.72 on the market. Which is already 2.60% up from the opening price. Today IRFC Stock opened at Rs 120.99 and touched a high of Rs 123.82. The current UC Limit is set at Rs 132.64 and LC limit is at Rs 108.53.
Company Financials
The company has shared its third-quarter financial performance report. It shows net sales have reached Rs 6763.43 Crore which is a marginal increase from last year. But the current price-to-book ratio stands around 2.5 which makes investors more attracted.
Recent News about IRFC
IRFC status has been recently upgraded to Navratna from Maniratna, This will help enhance financial autonomy and operational flexibility.
IRFC has become the lowest bidder to finance the development project of Banhardih Coal Block in Jharkhand with Rs 3167 Crore. The project is going to make a Mine-Gain-Rail transport system.
IRFC Share Target Price
Indian Railway Finance Corporation has been in the news for the past few days. Analysts have mixed views about this stock, Some suggest prices could reach Rs 145 by the end of 2025. Some are more optimistic and suggest a Target Price between Rs 184.62 to Rs 370 by the end of this year. On the other hand ,S & P Global has a completely different view and suggests share price could go down to Rs 50.
Recommendation on Buy or Sell
According to moneycontrol 100% of the analysts recommend selling IRFC shares. Trendlyne also recommends selling IRFC Shares as it could go down to Rs 50.