IRFC Share Price : Shares of state-owned Indian Railway Finance Corporation (IRFC) are trading in the green on the last trading day of this week. Shares of the company are trading at Rs 123.25 on the BSE. This is an increase of 2.15 per cent over the previous closing price. But the stock has fallen nearly 7% this month. The stock has fallen nearly 18% so far this year.
In such a situation, many questions are arising in the minds of retail investors. Whether this stock should be sold or this stock will run away again or it will be right to hold it. In a special show on ET NOW Swadesh, Stock Market Guru Gaurang Shah explained the strategy on the shares of IRFC.
IRFC Share Price Today
IRFC Share Price Strategy
“This government company is associated with Indian Railways, for whose IPO we had given the rating of subscriber that too with long-term investment. The investment outlook in the defence, railways, capital goods, engineering or energy sector should be 3-5 years, as the order book takes time to complete. IRFC is a competent and strong government company, which is associated with Indian Railways. Due to the major changes taking place in the railways, the functioning of competent and strong railway companies will be better and the results will improve. Modernisation of railway stations, high speed trains, modernisation of tracks and dedicated freight corridors make the future of companies like IRFC bright.
IRFC Share Q3 Results FY25 Highlights
The Indian Railway Finance Corporation (IRFC) reported for the third quarter ended December 2024 that the net profit has increased by about 2% year-on-year to Rs 1, 630.66 crore. The profit was at Rs 1, 598.93 crore in the same quarter last year According to the data released by the company, the revenue from operations in the third quarter stood at Rs 6, 763.43 crore, up 0.4 per cent from Rs 6, 736.57 crore recorded in the same quarter last year.
On a quarter-on-quarter basis, the company’s total expenses saw a decrease of about 3%. The company’s total expenses for the third quarter ended December stood at Rs 5, 135.73 crore as against Rs 5, 287.55 crore for the second quarter of fiscal 2025 The company’s total expenses stood at Rs 5, 141.09 crore in the third quarter of the previous year
IRFC Share Target Price
Indian Railway Finance Corp Ltd. Yahoo Financial Analyst Current Share Price Rs. 123 Rating BUY Target Price Rs. 50 Downside -56.30%
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