IRFC Share Price Target 2024, 2025, 2026, 2030, 2040

We’ll use fundamental and technical analysis to examine the IRFC Share Price Target 2024, 2025, 2026, 2030, 2040.

Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets.

Indian Railway Finance Corporation Share Price (Long Term)

IRFC Share Price Target 2024

We’ll use fundamental and technical analysis to examine the IRFC share price target 2024.

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IRFC Share Price Target 2025

We’ll use fundamental and technical analysis to examine the IRFC share price target 2025.

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IRFC Share Price Target 2026

We’ll use fundamental and technical analysis to examine the IRFC share price target 2026.

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IRFC Share Price Target 2027

We’ll use fundamental and technical analysis to examine the IRFC share price target 2027.

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IRFC Share Price Target 2028

We’ll use fundamental and technical analysis to examine the IRFC share price target 2028.

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IRFC Share Price Target 2029

We’ll use fundamental and technical analysis to examine the IRFC share price target 2029.

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IRFC Share Price Target 2030

We’ll use fundamental and technical analysis to examine the IRFC share price target 2030.

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IRFC Share Price Target 2032

We’ll use fundamental and technical analysis to examine the IRFC share price target 2032.

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IRFC Share Price Target 2035

We’ll use fundamental and technical analysis to examine the IRFC share price target 2035.

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IRFC Share Price Target 2040

We’ll use fundamental and technical analysis to examine the IRFC share price target 2040.

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Note: – This research is purely education &information purpose. These share price predictions for IRFC are simply offered as a general indication. This estimate also needs a good market environment. Do your own research before investing in any stocks. We are not to blame for any trading losses you experience.

Indian Railway Finance Corporation (IRFC) information

IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. It is also registered as Systemically Important Non–Deposit taking Non Banking Financial Company (NBFC – ND-SI) and Infrastructure Finance Company (NBFC- IFC) with Reserve Bank of India (RBI).

In more than 30 years of existence, IRFC has played a significant role in supporting the expansion of the Indian Railways and related entities by financing a significant proportion of its annual plan outlay.

The primary objective of IRFC is to meet the predominant portion of ‘Extra Budgetary Resources’ (EBR) requirement of the Indian Railways through market borrowings at the most competitive rates and terms. The Company’s principal business therefore is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways.

IRFC’s cumulative funding to rail sector has crossed Rs.5.04 lakh crore as of 31st March, 2022. The funds are utilized for acquiring rolling stock assets and also building up infrastructure, constituting significant part of annual capital expenditure of Indian Railways. So far, it has funded acquisition of 13764 locomotives, 76735 passenger coaches, 265815 wagons, which constitute around 75% of the total rolling stock fleet of Indian Railways. From 2011-12 onwards, IRFC has forayed into funding of railway projects and capacity enhancement works.

IRFC

IRFC has also been lending to various entities in Railway sector like Rail Vikas Nigam Limited (RVNL), Railtel, Konkan Railway Corporation Limited (KRCL), Pipavav Railway Corporation Limited (PRCL) etc.

IRFC’s constant endeavor has been to diversify its borrowing portfolio in terms of instruments, markets and investors which has led to the Company meeting the targeted borrowings year after year, through issue of both taxable and tax-free bonds, term loan from banks/financial institutions besides off shore borrowings, at competitive market rate.

Disclaimer

Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes.

Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

Conclusion

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