Will IRFC grow in future?

For IRFC, the Government of India has remained the largest client, and that will remain so at least for the next 8-10 years because of the execution of the National Rail Plan, under which the government aims to spend 10-lakh crore to augment rail capacities and improve the infrastructure around it.

Is IRFC Stock good for long term?

IRFC is a low risk company, its stocks can give good returns to the investors in the medium term,” he added. It was great for long term investors as it had low investment risk and earning opportunities. However, the company’s return on equity and margin was low, so it was a good investment option for long term.

Is it worth buying IRFC IPO?

The profit after tax grew at a CAGR of 33.95\%. Also, IRFC’s total assets grew at a CAGR of 16.04\%. IRFC has a unique business model and comparing it to any industry benchmark will not be possible. However, its financial performance is indicative of its fundamental strength, making its IPO a good investment option.

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 23.05 this results in a dividend yield of 4.56\%.

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

Who will get Irfc dividend 2021?

Indian Railway Finance Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 01, 2021, inter alia, have declared an Interim Dividend of Rs. 0.77/- (Rupees Seventy Seven Paisa only) per equity share of Rs. 10/ each.