IRFC Share Price Target 2024

IRFC shares are gaining momentum, driven by strong investor interest. The stock opened higher and climbed over 4% to reach a day's high of Rs 147.37.

Shiju Koothupalakkal, a technical analyst, recommends buying IRFC for short-term gains, with a target price of Rs 150.

Analyst's Take:

As a PSU stock, IRFC offers a dividend yield of more than 1%. Since its debut in 2021, the company has distributed Rs 4.75 in dividends.

IRFC's Dividend Appeal:

– Up 50% in the last 3 months – Up over 90% in the last year – Delivered a whopping 450% return in 1 year

IRFC's Performance:

The article doesn't explicitly recommend buying, selling, or holding. It highlights IRFC's recent rise, past dividend history, and impressive returns. Consider your investment goals and risk tolerance before making a decision.

Should You Buy, Sell, or Hold?