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2024 irfc share price target : AFTER a 200% multibagger return in 2023, BUY Indian Railways PSU stock? Verify the history and dividend yield.

Irfc share price target is 2024 Indian Railway Finance Corporation, or IRFC, has produced a multibagger return in 2023/24.

The PSU stock has yielded a return of 201 per cent. IRFC Dividend History, IRFC Dividend Yield, IRFC Share Price History 2023 – check here

Indian Railway Finance Corporation, or IRFC, has produced a multibagger return in 2023. Its share price target is 2024. A 201% return has been achieved by the PSU stock. Check out the IRFC Dividend History, IRFC Dividend Yield, and IRFC Share Price History for 2023.

2024 Target Share Price of IRFC and Past Dividend History: The shares of Indian Railway Finance Corporation, or IRFC, are some of the most talked-about Dalal Street 2023 stocks. In fact, IRFC is one PSU stock that gave investors a handsome dividend in addition to more than doubling their investment in 2023. The dividend yield of IRFC exceeds 1.50%.

The BSE website reports that in just one month, IRFC shares have increased 32%. Investors have gained wealth as a result of the PSU stock’s 201% return in a six-month period.
Investors’ money has increased by 335 percent thanks to IRFC shares over the past three years.

2024 IRFC Share Price Target

irfc share price target


Astha Jain, a panelist on ET NOW Swadesh, predicts that IRFC shares will continue to be significant in 2024. It is probable that the stock will exhibit a strong surge prior to the Budget.

She declared that IRFC is a long-term investment and stated that the company’s shares have an immediate target price of Rs 120–125, which indicates a 20%–25% increase from the current market price.

History of IRFC Dividends
The BSE website states that IRFC has distributed dividends twice in 2023, in November and September, for a total of Rs 0.80 and Rs 0.70. The government-owned business paid out a dividend of Rs. 0.80 in November and Rs. 0.63 in September of 2022.

The Indian Railways company distributed dividends of Rs 1.05 in February and Rs 0.77 in November of 2021.

Listing of IRFC IPO Prices
Indian Railways’ financing division is called IRFC. The business announced its IPO in 2021. In the primary market, it had issued equity shares at a price of Rs 26 per share.

When IRFC shares listed at Rs 24.90 on Dalal Street, they had

Dividend Yield of IRFC
A 1.51 percent dividend yield is offered on IRFC shares at the current market price of Rs 99.
A component of the S&P BSE 200 index is IRFC. On the BSE, the shares’ 52-week range is Rs 104.14 to Rs 25.45. As of December 30, the company’s market capitalization was Rs 1,29,796.40 crore, according to the BSE website.

YouTube video: IRFC Share Price Target 2024


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