If you are looking for “IRFC Ltd share price targets” for upcoming years you are in the right place. Before we dive into IRFC Ltd stock price targets, Let’s understand the IRFC Ltd company background, technical fundamentals etc.
About IRFC Ltd Limited
(IRFC) Indian Railway Finance Corporation is owned by Indian Railways, Ministry of Railways, Government of India. The company dependency on raising funds is through financial bonds and from banks.
Recently IRFC got listed in BSE and NSE (29 Jan 2021)
Fundamentals of IRFC Ltd
Let’s look at the fundamentals of IRFC Ltd, based on which we can get a clear understanding of the expertise in the finance term lending sector.
- Current Market Cap: The current market cap of IRFC Ltd as of July 16 2022, is ₹26,267.70 Cr.
- P/E Ratio: The current price to earning ratio of IRFC Ltd is 4.31.
- EV/EBITDA: 17.29
- Sales Growth: Sales growth over the period of time for IRFC Ltd is 17.51%
- Profit Growth: Profit growth is around 38.35% over the period of time
IRFC Ltd Price Target Details
We have done a complete analysis of IRFC Ltd and have come up with its share price targets for upcoming years.
Note: These price targets of “IRFC Ltd” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
| Year | IRFC Ltd Share Price Targets (₹) |
|---|---|
| 2022 | 27 |
| 2023 | 38 |
| 2024 | 50 |
| 2025 | 68 |
| 2026 | 79 |
| 2027 | 89 |
| 2028 | 103 |
| 2029 | 120 |
| 2030 | 140 |
After analysing the chart deeply by taking the monthly time frame analysis on the trading view chart of IRFC Ltd we found,
The target share price of IRFC Ltd for the year 2022 will be ₹27
The target share price of IRFC Ltd for the year 2023 will be ₹38
The target share price of IRFC Ltd for the year 2024 will be ₹50
The target share price of IRFC Ltd for the year 2025 will be ₹68
The target share price of IRFC Ltd for the year 2027 will be ₹79
The target share price of IRFC Ltd for the years 2027, 2028, 2029, and 2030 will be ₹89, ₹103, ₹120, and ₹140 respectively.
