Table of Contents
- 1 Is it good to hold IRFC shares?
- 2 Why are IRFC shares not moving?
- 3 What is the target price for IRFC?
- 4 What is IRFC listing price?
- 5 Will IRFC give dividend?
- 6 Is Irfc debt free?
- 7 What is the current price of Indian Railway Finance Corporation Ltd stock?
- 8 Should you buy Indian Railways shares at Rs 25?
For example, you can surely accumulate IRFC as a good play on the financing business for Indian railways. But there are a lot more very interesting properties that are part of the Railways story. For Rail Vikas Nigam is a good play on railway infrastructure.
Is IRFC IPO good for short term?
IRFC is a public sector undertaking where the growth is not so good, compared to the private sector. The Return on capital employed is nearly 6\% which is quite low. The stock is for long term investing and not for short term buying and selling.
The stock will not move easily, says Singhvi due to equity size. After IRFC IPO, Government stake would come down to 86.6\%, further the stake needs to be reduced by 11\% – 11.5\% to bring it close to 75\% as required. Anil Singhvi says this implies that until the stake is not reduced till 75\%, IRFC will not move.
Can IRFC be a multibagger?
It won’t be a big multibagger for sure. But it is a very safe stock that will surely give much better returns than any Mutual funds. Could expect good dividend and I personally expect it to double in 3-4 years from here. You can keep Rail Vikas as benchmark for it.
What is the target price for IRFC?
10 Top Bond 8 IRFC Share price target (tomorrow) | 10 top stock Price (target) Bond 8 IRFC NSE
| Downside Target | 21.01 |
|---|---|
| Upside target | 23.49 |
| Upside target | 23.52 |
| Upside target | 23.69 |
| Upside target | 23.97 |
How does IRFC work?
IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. The Company’s principal business therefore is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways.
What is IRFC listing price?
IRFC IPO Details:
| Open Date: | Jan 18 2021 |
|---|---|
| Lot Size: | 575 Shares |
| Issue Price: | ₹ 25-26 Per Equity Share |
| Listing At: | NSE,BSE |
| Listing Date: | Jan 29 2021 |
Should I subscribe to IRFC IPO?
“Keeping in mind the relatively low risk business model, strategic role in financing growth of Indian Railways and long term prospects considering electrification and network expansion, we recommend a SUBSCRIBE rating to the offer, as a long term investment opportunity.
Will IRFC give dividend?
For the year ending March 2021 Indian Railway Finance Corporation has declared an equity dividend of 10.50\% amounting to Rs 1.05 per share. At the current share price of Rs 22.80 this results in a dividend yield of 4.61\%.
Is Rail Vikas Nigam a good buy?
The stock seems fairly valued at the moment according to my valuation model. It’s trading around 0.8\% below my intrinsic value, which means if you buy Rail Vikas Nigam today, you’d be paying a reasonable price for it. This is based on its high beta, which is a good indicator for share price volatility.
Is Irfc debt free?
IRFC had total borrowings of ~Rs 245349 crore (including Rs 2548 crore of commercial paper) as on September 30, 2020. As on February 01, 2021, total debt maturing over next 3 months till April 30, 2021 is ~Rs 6,200 crore.
Does Irfc give dividend?
Indian Railway Finance Corporation Ltd. For the year ending March 2021 Indian Railway Finance Corporation has declared an equity dividend of 10.50\% amounting to Rs 1.05 per share. Indian Railway Finance Corporation had last declared a dividend of 10.50\% for the year ending March 2021.
What is the current price of Indian Railway Finance Corporation Ltd stock?
Indian Railway Finance Corporation Ltd. share price moved up by 0.22 \% from its previous close of Rs 23.05. Indian Railway Finance Corporation Ltd. stock last traded price is 23.10 Indian Railway Finance Corporation Ltd. share price remain unchanged from its previous close of Rs 23.05.
Why Indian Railway Finance Corporation’s IPO disappointed investors?
Indian Railway Finance Corporation, the subsidiary of Indian Railways, disappointed investors as shares listed at a four percent discount to issue price on January 29. The weak market conditions and lower-than-expected subscription to its initial public offering (IPO) weighed on sentiment.
The stock was trading at Rs 25.55, down 1.73 percent from its issue price of Rs 26 at 1246 hours after opening 3.8 percent lower at Rs 25 on the BSE. Experts say the financing arm of Indian Railways is a long-term investment and investors should hold shares with that perspective.
What is the status of IRFC IPO allotment?
IRFC IPO allotment status: The Indian Railway Finance Corporation (IRFC) IPO was subscribed 3.49 times and the shares will now get allotted to investors. Here’s how to check if you have been allotted the shares. Image source: Indian Railway Finance Corporation (IRFC).