IRFC Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030

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The Indian Railway Finance Corporation (IRFC) is a government-owned non-banking financial company (NBFC) that provides loans to Indian Railways for the construction and modernization of railway infrastructure. The company was established in 1986 and is headquartered in New Delhi.

YearShare Price Target
202337-42
202447-52
202562-67
202677-82
202792-97
2028107-112
2029122-127
2030137-142

IRFC’s share price has been on a downward trend in recent years, due to a number of factors, including the slowdown in the Indian economy and the decline in railway freight traffic. However, the company’s financial performance has remained strong, and it is expected to benefit from the government’s plans to invest heavily in railway infrastructure in the coming years.

IRFC Share Price Target for 2023

The IRFC share price is expected to trade in the range of Rs. 37-42 in 2023. This is based on the company’s strong financial performance and the government’s plans to invest in railway infrastructure.

IRFC Share Price Target for 2024

The IRFC share price is expected to rise to Rs. 47-52 in 2024. This is due to the company’s continued strong financial performance and the government’s increasing focus on railway infrastructure development.

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IRFC Share Price Target for 2025

The IRFC share price is expected to reach Rs. 62-67 in 2025. This is because the company is expected to benefit from the government’s ambitious plans to invest in railway infrastructure, such as the ₹1.3 trillion (US$17 billion) National Rail Plan.

IRFC Share Price Target for 2026

The IRFC share price is expected to touch Rs. 77-82 in 2026. This is due to the company’s strong financial performance and the government’s continued focus on railway infrastructure development.

IRFC Share Price Target for 2027

The IRFC share price is expected to cross Rs. 92-97 in 2027. This is because the company is expected to benefit from the government’s plans to electrify all railway tracks in the country by 2027.

IRFC Share Price Target for 2028

The IRFC share price is expected to reach Rs. 107-112 in 2028. This is due to the company’s strong financial performance and the government’s plans to invest in new railway lines and passenger coaches.

IRFC Share Price Target for 2029

The IRFC share price is expected to touch Rs. 122-127 in 2029. This is because the company is expected to benefit from the government’s plans to develop high-speed railways in the country.

IRFC Share Price Target for 2030

The IRFC share price is expected to cross Rs. 137-142 in 2030. This is due to the company’s strong financial performance and the government’s continued focus on railway infrastructure development.

Conclusion

The IRFC share price is expected to rise steadily in the coming years, driven by the company’s strong financial performance and the government’s plans to invest heavily in railway infrastructure. Investors who are looking for a long-term investment in the Indian infrastructure sector could consider investing in IRFC shares.