IRFC Share Price Target For Long Term, IRFC Share Price Target 2023, IRFC Share Price Target 2024, IRFC Share Price Target 2025
IRFC (Indian Railway Finance Corp) has been providing financial assistance to Indian Railways through various types of government bonds and securities. It was set up in 1986 and listed on the Bombay Stock Exchange in 2007. The company is considered to be a Schedule ‘A’ Public Sector Enterprise. The company’s primary business is financing the acquisition of assets. In addition, the company provides financial assistance to Indian Railways for expansion and running. In addition, the company also lends money to other entities in the Railway sector.
The company has been performing consistently in the core metrics for the last few years. The company’s management has an extensive background in leading financial institutions, government agencies and commercial banks. The company also maintains enough funds to meet its operational and statutory requirements. The company also follows a cost-plus pricing model, which typically offers a higher margin. The company also has a cost-plus-based Standard Lease Agreement with the MoR, which allows it to maintain margins even when the market rate of interest or borrowing costs change.
IRFC has a good track record for financing new projects of the Indian Railways. It has financed the acquisition of 8998 locomotives, 47910 passenger coaches and 214456 wagons. The company also has an active asset-liability management strategy to minimize asset-liability mismatches. Its current share price is worth Rs 10. The company’s share price target for the future is Rs 41. The company is also in talks with National High-Speed Rail Corporation Ltd for financing the Ahmedabad-Mumbai High-Speed Rail Project.
The company is also paying dividends to its shareholders. The company has declared an interim dividend of 8 per cent. This dividend is equivalent to Rs 0.80 per share. The company also pays more than 4% dividends every year. The company also maintains enough funds to cover shortfalls and make bullet payments. The company has a strong asset base and manages its cash flows through active asset-liability management strategy.
The company is expected to produce good returns in the coming years. It will also continue to fund large projects in the Railway sector. The company is expected to yield a 15 percent return from the current level. The company will also be able to raise its share price over time. In addition, the company’s management has strong experience and will continue to provide good leadership. The company will also benefit from the equity infusion by the Government of India.
The company also has a cost-plus pricing model that is followed by other Railway PSU entities. The company maintains margins even when the market rate of interest changes or the incremental borrowing costs are high. The company has also diversified its borrowing portfolio, which has been beneficial to the company.
In addition, the company is a monopoly. It is the only company in the Railway sector that can fund the infrastructure projects of the Indian Railways. It is also considered to be the largest client of the company. It will remain the largest client for the next eight to ten years.