Calculate the IRFC Target Price with this online IRFC stock price forecast calculator. It shows you the most expected price based on LTP, Grwoth%, 52-week high and low, Etc. data.
IRFC Bonus 2024
IRFC Target Price
Key Events for IRFC Shares:
After giving massive returns of up to 528.87% in the last five years and creating a new 52-week high of ₹229.00, IRFC has been trading between ₹130 and ₹156.
Last 1 year’s returns were 113.79% but IRFC gave almost -17.82% returns over the previous 3 months.
Though IRFC has been one of the highest-bought stocks since 2022 recently the stock price performance remains not as good as the previous growth.
Why did IRFC shares decline from ₹229?
IRFC shares have fallen 39% from their July peak of ₹229. Despite this decline, the company has shown robust financial performance with a 19.1% CAGR in revenue and a 23.3% CAGR in net profit over the past 5 years.
Negative Impacts:
- Mutual Fund’s holdings went down: Mutual Funds companies have decreased holdings from 0.55% to 0.15% in the very recent past.
- FII’s holding down: Foreign Institutions have decreased holdings from 1.11% to 1.09% in the very recent past.
- The promoter’s holding remains unchanged at 87%.
IRFC share price prediction
Though some temporary declines have been seen recently, there are many reasons to hope for a surge in IRFC shares price.
Checklist why IRFC shares price likely to go up
- IRFC experienced a 5.5% stock price increase, raising its market capitalization by ₹9,788 Crores to ₹1,85,468.24 Crores in the recent quarters.
- Trading volumes and investor optimism reflect confidence in the company’s growth prospects.
- Retail holdings have gone upside from 11.45% to 11.46% in the previous quarter.
- In the last year and last 5 years, IRFC has outperformed the top 5 stocks with the highest market cap in corporate financial services.
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Hi, I’m Avishek, a passionate stock market enthusiast turned full-time investor. With my 3+ years of experience in the Indian and Global markets, I’ve developed a keen eye for potential winners. My portfolio includes successful allotments in IPOs from NYKAA, Bajaj Housing Finance, Waaree Energies Ltd, and more. I have never lost money in the stock market. Through this blog, I will provide all the information here.