30 Sep IRFC Share Price Update & Analysis | Invest Smarter
Did you know the Indian Railway Finance Corporation (IRFC) share price was ₹155.68 as of September 30, 2024? It went down by 0.72%. A total of 67,27,972 shares were traded. This shows how active the IRFC stock is in the market1.
The investment world of IRFC is full of action. Keeping up with the latest stock updates is key for smart investing. The average price of the stock is ₹155.93. This makes it a hot spot for many investors1. Let’s dive into the details of the Indian Railway Finance Corporation stock. We can make smarter decisions with this knowledge.
Key Takeaways
- IRFC share price was ₹155.68 with a 0.72% decrease on September 30, 20241.
- High trading volume of 67,27,972 shares signifies active investor interest1.
- The average price of IRFC shares stands at ₹155.931.
- IRFC stock continues to attract attention in the IRFC stock market for smart investing1.
- Stay updated with the latest stock insights for making well-informed financial investment decisions1.
Overview of Indian Railway Finance Corporation (IRFC) Stock
Investors looking at Indian Railway Finance Corporation stock find a special chance in the finance area. IRFC is vital in helping Indian Railways. It gets funds through market loans for their financial needs. This gives us a full look into the firm’s background and its financial highlights.
Company Background
The Indian Railway Finance Corporation was set up in 1986. It’s the main finance part of Indian Railways. Since starting, it has funded 76,735 passenger coaches, 13,349 engines, and 2,59,661 cargo wagons2. This has greatly helped the infrastructure of the nation’s railway network. The company’s strategic moves have gathered significant assets like project assets worth ₹2,20,485 Crores2.
Key Financials
The IRFC’s financials are key to looking at its current stock price, at ₹155.61 as of September 30, 20243. Its market capitalization stands at ₹2,02,940 Crores. It also shows a PE ratio of 31.50 and a PB ratio of 4.173.
The earnings per share (EPS) are ₹4.93 with a dividend yield of 0.97%3. This points to a healthy performance. Moreover, IRFC has an EBIT margin of 99.50% and a net profit margin of 23.30%3.
Looking at IRFC stock from an investment angle, it shows strong growth potential. Its 3-year return is 603.18%, which is way above Nifty 100’s 49.4%3. But, it’s crucial to check the company’s balance sheet too. Total assets grew from ₹70,755 Crores in 2013 to ₹485,082 Crores in 20244. Its ROE is at 13.03%, with notable ROCE and ROA at 53.32% and 1.32%, respectively3.
IRFC’s financing movements are significant, with net cash flow from operations at ₹7,914.10 Crores3. Its financing activities show a negative flow of -₹8,046.42 Crores in FY 20243. Investors should look at the stock’s year high and low, at ₹229.00 and ₹65.75 respectively3.
IRFC keeps a good dividend payout ratio at 30.8%4. Yet, potential investors must think about the stock’s debt and its interest coverage ratio. The high debtors for 3,557 days might show liquidity problems4. Despite these issues, the firm’s strong operating margins and capital structure mark it as an important player in India’s finance sector.
Live Share Price IRFC
Keeping an eye on the live share price of IRFC helps in smart trading. The share price recently was ₹155.20. This shows a drop of -1.03% from the day before5. Market changes like these show why staying updated is key.
Current Market Data
IRFC’s market value is big, sitting at ₹202,823.21 Crores5. With a TTM PE ratio of 31.48 and a P/B ratio of 4.12, investors get a clear picture5. The debt to equity ratio is 8.38, showing its financial strategy5.
For more insights, check the market analysis website.
Historical Price Trends
Studying IRFC’s stock history is vital for a full view. The stock’s price has swung from a high of ₹229.00 to a low of ₹19.306. In one year, it gained 102.74%5. This past performance is crucial for understanding its future potentials.
IRFC Share Price Today
The IRFC share price today is ₹155.68. This price shows the company’s current performance. It is important for investors who are planning their strategies.
IRFC’s stock is getting a lot of attention. Keeping up with real-time updates and in-depth analysis is key. Today, the stock opened at 156.70 INR, hit a high of 157.95 INR, and closed at 156.24 INR. This is a -1.03% change from the last session7. These updates help investors make smart choices.
| Company | Share Price (₹) | Market Cap (Cr) | Net Sales (₹ Cr) | Debt to Equity | 1 Yr Performance (%) |
|---|---|---|---|---|---|
| IRFC | 155.20 | 202,823.21 | 26,645 | 8.38 | 102.74 |
| Bajaj Finance | 7,762.50 | 480,495.89 | 54,969 | 3.82 | — |
| Shriram Finance | 3,614.05 | 135,884.40 | 36,379 | 3.99 | 88.30 |
| Chola Invest. | 1,605.05 | 134,892.30 | 19,139 | 6.86 | 31.83 |
| Bajaj Holdings | 10,509.10 | 116,959.46 | 1,648 | 0.00 | 47.84 |
IRFC has a market cap of ₹2.05T INR, making it a major player. The latest stock updates and today’s price point to its potential. For a deep dive, looking into metrics like the Price-to-Earnings ratio (31.48), Return on Equity (13.03%), and Debt-to-Equity ratio (8.38)5 is wise. This helps investors decide based on stability and growth.
Recent Performance of IRFC Shares
IRFC shares have shown a noteworthy trend in the last year, helping investors make future decisions. On September 30, 2024, the shares were at ₹156.2, with a slight drop of 0.39%8. This year, their value varied, hitting a peak of ₹229 and a minimum of ₹668. Let’s look closer at how IRFC shares have changed over time.
1-Year Performance
This past year, IRFC shares increased by 102.61%8. This shows a strong growth trend. Despite some ups and downs, it ended at ₹156.28.
3-Year Performance
Looking at the last three years, IRFC shares have seen both highs and lows. They reached a top of ₹229.00 but also dropped to ₹19.308. Yet, they grew their revenue by 11% annually8. This steady growth makes IRFC shares an appealing investment.
5-Year Performance
Over five years, IRFC shares have had both good and bad times. They variously hit a high of ₹229.00 and a low of ₹19.308. With a market cap of Rs. 204,130 crores and a 24% pre-tax margin, their long-term growth looks promising8. These details suggest IRFC shares are worth watching.
Technical Analysis of IRFC Stock
Making sense of IRFC technical analysis is key for smart investing. This stock’s performance has varied over time. It shows different trends, hinting at where it might head next.
Moving Averages
Moving averages of IRFC stock offer valuable clues. Short-term averages suggest a bullish view, hinting at possible gains9. On the other hand, long-term averages indicate a sell signal, urging caution9. These mixed signals underline the need for careful analysis.
Technical Indicators
Looking closer at stock indicators, the RSI stands at 30.71, showing a bearish trend for IRFC10. The ADX line’s rise to 38.59 suggests growing trend strength, increasing confidence in the stock10. Meanwhile, the MACD values signal a bearish outlook10. The stochastic figures point to a potentially oversold condition, presenting a buying opportunity10.
The Bollinger Bands and ATR give more in-depth insights. The Money Flow Index and Ultimate Oscillator readings show the stock is in a neutral phase10. The Bollinger Bands indicate the stock is priced just right at the moment10. Understanding these investment trends through detailed IRFC technical analysis is crucial for market success.
Fundamental Analysis of Indian Railway Finance Corporation
The IRFC analysis gives deep insights into the company’s financial health. By looking closely at the income statements, balance sheets, and cash flow, investors can plan their investments wisely.
Income Statement
Indian Railway Finance Corporation shows strong yearly revenues of ₹26,645 Crores. This indicates excellent management11. The company’s ROCE highlights how well it generates returns on invested capital, showing its profitability11. IRFC’s EBITDA points to its operational profit, excluding finance and non-core activities, proving its solid financial status11.
Balance Sheet
The balance sheet presents a strong foundation for IRFC. It has significant equity capital and reserves, ensuring long-term strength. The EPS reveals the company’s profit per share, helping investors compare it to others11. Dividends per share show profit distribution to shareholders, key for income-focused investors11.
Cash Flow
IRFC’s cash flow analysis shows effective operations leading to steady positive cash. The Base Case intrinsic value of IRFC stock is 164.23 INR, suggesting it’s undervalued by 5%12. This signals strong cash management and future growth potential.
Continuous analysis of IRFC’s financial statements is crucial for understanding its economic health. It helps investors make informed choices, ensuring better investments in Indian Railway Finance Corporation.
| Financial Metric | Value |
|---|---|
| Revenue | ₹26,645 Crores |
| ROCE | High |
| EBITDA | Reflective of Operating Profitability |
| EPS | High |
| DPS | Significant |
| Intrinsic Value (Base Case Scenario) | 164.23 INR |
| Undervaluation | 5% |
IRFC Share Price History
The IRFC share price history gives a detailed view of its performance in the market. We will look at the highs and lows over 52 weeks and its overall success. This information is useful for both new and current investors.
52-Week High and Low
The 52-week high for IRFC was ₹229.05, while the low was at ₹65.757. The stock hit its highest closing price, INR 229.007, on July 15, 2024. Meanwhile, the lowest point was INR 164.31, noted on June 4, 2024.
In September 2024, the shares traded between INR 173.27 and INR 191.5513. This shows how much the value changed throughout the year7.
Long-term Performance
IRFC has managed well despite the ups and downs in the market. The price reached a high of 229.00 INR on July 15, 2024, then dropped to 123.77 INR on March 13, 20247. These changes show the stock’s volatility.
On May 23, 2024, a high trading volume of 215,698,925 shares was recorded7. This indicates strong investor interest. On August 12, 2024, there was another surge with 7,702,652 shares being traded13.
The average daily volume in July 2024 was 8,171,180 shares13. This steady volume suggests that investors are consistently interested in IRFC. Long-term investors can use this as insight into the stock’s reactions to different market situations.
Understanding the Market Cap and Valuation of IRFC
Knowing the market cap and stock value is key for anyone looking into IRFC shares. With a market cap of a massive ₹2.05 trillion, IRFC stands out in the market14. Looking into the stock’s value helps us get the full picture of its financial health and growth potential.
Market Capitalization
Market cap tells us the total market value of all a company’s shares. IRFC’s market cap is an impressive ₹2,04,914 Crore15. This highlights IRFC’s strong position and influence in the economy.
Price-to-Earnings (PE) and Price-to-Book (PB) Ratios
The PE and PB ratios are key to understanding a company’s value. IRFC’s PE ratio is 31.78, much higher than others in its field1415. This means investors are okay with paying more for its earnings, seeing great growth prospects.
IRFC’s PB ratio is 4.0415. This tells us how the market values the company above its book value. While high PB ratios may point to growth, they could also suggest the stock is priced too high compared to what it’s really worth.
| Metric | IRFC | Industry Average |
|---|---|---|
| Market Cap | ₹2.05 trillion | — |
| PE Ratio | 31.78 | 25.71 |
| PB Ratio | 4.04 | — |
| Debt to Equity Ratio | 0 | — |
| Return on Equity (ROE) | 13.02% | — |
| Earnings Per Share (EPS) | ₹4 | — |
IRFC’s market cap and its PE and PB ratios give investors a deeper look into its stock value. They help investors make smart choices when investing in the Indian Railway Finance Corporation.
Latest IRFC Share Price News
The latest news on IRFC shares shows a mix of caution and hope. The shares started at 156.70 INR on September 30, 2024, peaked at 157.95 INR, and closed at 156.24 INR7. 7,402,045 shares were traded that day, showing high interest from investors7.
Recent Developments
IRFC has made moves to keep its strong place in the market. On July 23, 2024, there was a big spike in trading with 215,698,925 shares changing hands, showing growing interest from investors7. Yet, there was a sharp decrease on June 4, 2024, with the price dropping from 189.00 INR to 164.95 INR in one day7.
These shifts are key for investors to watch. Staying updated with these changes is vital for smart investing.
Market Sentiment
The feelings about IRFC shares have varied. A high point was when shares closed at 229.00 INR on July 15, 2024, signaling strong market trust then7. The lowest point was 155.45 INR on May 15, 2024, briefly lowering confidence7. Still, IRFC reported a 13.03% return on equity, showing its financial health and potential3.
For those keeping an eye on financial news, watching IRFC’s performance is key. Being informed about IRFC share prices and other financial news helps investors make wise choices in a changing market.
IRFC Share Price Forecast and Predictions
The analysis of IRFC share price shows many factors at play. Experts are watching the Indian Railway Finance Corporation’s shares. They’ve noticed steady growth and strong financial health.
Analyst Ratings
Most analysts suggest buying IRFC shares for their continued growth and profit. AI predictions hint at a potential decrease to 35 by September 27, 202416. But, the big picture looks good for the long haul. This makes IRFC shares a smart choice for diversifying your portfolio17.
Future Growth Prospects
IRFC shares have bright future prospects, thanks to strategic moves and solid finance. The Bond 8.00% Pa Tax Free S1 IRFC might dip soon, but the outlook stays positive in the long run16. The bond’s price target swings between 155.15 and 157.8316. IRFC shares have been bullish for a year. This trend is supported by the financial sector’s popularity17.
Keep an eye on the short-term price level of 160.72. Falling below might lead to more drops. Tomorrow’s targets for the Bond 8.00% Pa Tax Free S1 IRFC range from 154.59 to 159.9516. With positive trend predictions from AI analysts, IRFC stands out in a bull market17. Adding these shares to your portfolio could mean big gains thanks to the company’s steady growth.
For more insights, visiting sites like ERC-20 Token Airdrop Faucets can be very helpful. These platforms use AI and machine learning to make better predictions.
Investment Strategies for IRFC Shares
Looking at IRFC shares? You can aim for quick profits or long-term growth. It’s key to choose the right strategy to boost your returns.
Short-term Trading Tips
Short-term traders need to get market cycles. IRFC’s value swung from Rs 213 to Rs 192.10 recently. This shows how you can use the ups and downs for gains18. Watch the trading volumes too. A jump from 68.48 lakh to 1.92 crore shares traded gives clues18. Spotting these trends helps you time when to buy or sell.
Long-term Investment Strategies
For the long haul, look deep into IRFC’s basics. Its revenue crossed ₹15,000 crore in 2023-24. Government backing and steady dividends make it a solid pick19. The share price could go from ₹145 to ₹1600 between 2024 and 2040. That’s huge growth19. With promoters owning 86.36%, their big stake signals strong belief in IRFC18. Choosing these long-term approaches can set you up for lasting gains.
Mixing these strategies for IRFC into your investment mix can help. It lets you chase quick wins or grow your wealth over time.
Comparison with Similar Stocks
When looking at IRFC stocks, it’s key to check out the finance sector’s competition. By comparing it with others, we get to see IRFC’s standing. This helps us understand its market potential.
Peer Analysis
Comparing IRFC with similar companies, like Power Finance Corporation, shows some big differences. For example, IRFC’s P/BV ratio isn’t given, but Power Finance has a ratio of 4.2. This shows a huge variance of 258.8%20.
Also, IRFC has a dividend yield of 1.0%. This is less than Power Finance Corporation’s 2.7%. Here, we notice a 35.0% difference20.
Sector Performance
Looking at the sector, IRFC’s performance mixes. Even if it wasn’t traded on BSE or NSE recently, it’s still a key player21.
The net profit margins in this sector range from -10.01% to 10.00%. This wide range reveals the varied financial health across companies21.
| Metric | IRFC | Power Finance Corporation |
|---|---|---|
| P/E (TTM) Ratio | N/A | 31.7 |
| P/BV Ratio | N/A | 4.2 |
| Dividend Yield | 1.0% | 2.7% |
| High Share Price | Rs 193 | Rs 478 |
| Earnings Per Share (Unadj.) | Rs 4.9 | Rs 59.9 |
| Gross Profit Margin | 24.0% | 34.4% |
| Return on Assets | 1.3% | 1.9% |
| Capital Adequacy Ratio | 616.2% | 25.4% |
| Net Cash Flow | Rs -1,399 million | Rs 319 million |
| Indian Promoters Holding | 86.4% | 56.0% |
| Dividend Per Share | Rs 1.5 | Rs 13.5 |
Shareholding Pattern of IRFC
The IRFC shareholding layout stands out for its special distribution. Indian promoters trust the corporation deeply, keeping 86.36% of shares from June 2023 to June 202422. This shows their strong belief in the company’s future.
Public investors and non-institutional holders have kept their investments steady. Their shares have slightly shifted, ranging from 10.47% to 11.66% during this time22. This reflects their reliable trust in IRFC.
Institutional investors have shown a stable yet nuanced engagement with IRFC. Their stake has varied a little, moving between 1.97% and 3.16%22. This hints at their cautious but consistent interest in the corporation.
Interestingly, we notice there’s zero participation from foreign promoters22. This means no foreign promoter has invested in recent times22.
For deeper insights into the IRFC shareholding pattern, click here22. Groww’s platform, with over 1 crore active users, makes investing in IRFC easier and safer23.
How to Buy IRFC Shares Online
Buying Indian Railway Finance Corporation (IRFC) shares can boost your financial portfolio. Online trading platforms make it easy to buy stocks. This guide will show you how to buy IRFC shares online using trusted platforms and a step-by-step guide.
Trading Platforms
There are many platforms for buying IRFC shares. Groww is a favorite among investors with over 1 crore customers. Starting a SIP requires only Rs. 500 at Groww24. It’s registered with SEBI (INZ000301838) and AMFI (ARN-111686), asking for a 20% margin for cash market trades24. Choose a platform that’s secure, easy to use, and has good support.
Step-by-Step Guide
To start buying IRFC shares, follow this guide:
- Open a Demat Account: Start by opening a Demat account with a trusted bank or platform. This account will store your shares electronically.
- Register on a Trading Platform: Join a platform like Groww and submit documents for verification.
- Link Your Bank Account: Connect your bank account with the trading platform for easy money transfers.
- Research and Analyze: Study IRFC’s stock performance and financials before buying.
Check IRFC’s price, high/low figures, and PE ratio1 at Kotak Securities3. - Place a Buy Order: Decide on your investment, then place a ‘buy’ order with the desired share amount and price.
- Monitor Your Investments: Keep an eye on your portfolio and the market to make smart decisions.
Conclusion
Let’s wrap things up. This detailed look at IRFC stock tells us it’s a wise choice for investors. With a solid value of ₹2.05 trillion25 and earnings growing by 17.6% annually25, it’s financially strong. Plus, its past stock performance—with a 1-year gain of 104.85%25 and an amazing 3-year gain of 603.18%3—combined with a P/E ratio of 31.53 looks great for long-term investment.
On top of that, looking at both the technical and fundamental aspects shows IRFC’s smart financial strategies. Though its debt/equity ratio is high at 806.1%25, and there’s about a 6% weekly price fluctuation25, it’s something manage carefully. Yet, the past year showed a 104.8% better return than the industry25, and a perfect gross margin of 100.00%25. This shows top-notch operational and market management.
To invest wisely, keep an eye on recent updates, market trends, and expert advice. Knowing these details and using them in your financial plan will help you make the most of IRFC shares. This final overview is meant to help new investors understand the opportunities with IRFC.