IRFC was founded by A. Kishore. It started borrowing from the market in 1987–88.
Indian Railway Finance Corporation (IRFC) is a public sector organization in India that raises funds via stock markets and other borrowings to fund expansion. The firm is primarily owned by the Government of India, with administrative authority held by the Ministry of Railways.
Indian Railway Finance Corporation (IRFC)Board of Directors
The Indian Railway Finance Corporation’s current board of directors consists of the following individuals: Vallabhbhai Maneklal Patel, Non-Official Independent Director; Baldeo Purushartha, Nominee Director; Bhaskar Choradia, Nominee Director; Amitabh Banerjee, Chairman and Managing Director; Shelly Verma, Director (Finance) & Chief Financial Officer; and Sheela Pandit, Non-Official Independent Director.
IRFC Share Price rise to 13% to record highs
Indian Railway Finance Corporation’s Share Price rose 13 percent on January 20, continuing their record-breaking surge ahead of the Interim Budget on February 1.
IRFC Share Price Target 2024 To 2030
YEAR | IRFC Share Price Target 1 | IRFC Share Price Target 2 |
2024 | ₹ 116 | 223 |
2025 | 260 | 320 |
2026 | 350 | 410 |
2027 | 450 | 580 |
2028 | 610 | 670 |
2029 | 690 | 830 |
2030 | 900 | 1000 |
IRFC Share Price rose nearly 500% in 10 months
IRFC Share Price achieved a significant milestone today as its market capitalization surpassed ₹2 lakh crore for the first time, making it the ninth Indian PSU firm.
The stock in today’s trade hit a new all-time high of ₹158.50 apiece. Over the past 10 months (including January), the stock has exhibited a remarkable upward trajectory, witnessing an extraordinary gain of 495%. Starting from ₹26.60 apiece, it has surged to the current trading price of ₹158 apiece.
What is the target of the IRFC Share Price in the next years?
IRFC Share Price target in the next few years is 176 to 1000+
What is the Indian Railway Finance Corporation (IRFC) market cap
IRFC Share Price rose nearly 500% in 10 months, market cap reached ₹2 lakh crore.
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