IRCON Share Price Target, NSE: IRCON, BSE BOM: 541956, INE962Y01021, Stock Price Targets, Future Prediction, IRCON Share Price Forecast 2024, 2025, 2026, To 2030.
Established in 1976 as a railway construction company, IRCON International Limited (IRCON) has since diversified into a leading integrated engineering and construction PSU. Specializing in large and technologically complex infrastructure projects across sectors like railways and highways, IRCON is recognized as one of the top 250 international contractors, a distinction held by only a handful of Indian companies. A sectoral leader in transportation infrastructure among public sector construction firms in India, IRCON offers services including Project Management Consultancy, Engineering, Procurement & Construction, and Public-Private Partnership. Additionally, it undertakes projects on a Build, Operate, and Transfer (BOT) or Hybrid Annuity Mode (HAM) basis. With its expertise and commitment to excellence, IRCON continues to play a pivotal role in shaping India’s infrastructure landscape.
Ircon Share Price Target 2024, 2025, 2026 To 2030
Period | 1st Target | 2nd Target |
2024 | ₹328.15 | ₹340.50 |
2025 | ₹404.20 | ₹416.80 |
2026 | ₹551.70 | ₹568.40 |
2027 | ₹735.60 | ₹757.80 |
2028 | ₹923.15 | ₹951.85 |
2029 | ₹1,162.30 | ₹1,195.40 |
2030 | ₹1,402.70 | ₹1,463.85 |
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Ircon Share Price Target 2024
Price Target 2024 | 1st Target | 2nd Target |
January 2024 | XXX | XXX |
February 2024 | XXX | XXX |
March 2024 | XXX | XXX |
April 2024 | ₹248.20 | ₹261.15 |
May 2024 | ₹237.55 | ₹248.75 |
June 2024 | ₹249.20 | ₹260.95 |
July 2024 | ₹264.85 | ₹276.10 |
August 2024 | ₹279.05 | ₹290.40 |
September 2024 | ₹291.25 | ₹303.70 |
October 2024 | ₹299.60 | ₹316.90 |
November 2024 | ₹314.75 | ₹332.35 |
December 2024 | ₹328.15 | ₹340.50 |
In 2024, the first target for IRCON’s share price is ₹328.15, and the second target is ₹340.50. These targets show that experts expect the price of IRCON’s shares to go up. It’s good news for people who have invested in IRCON because it means they might make more money. This positive outlook reflects the company’s efforts to do well in the coming years. If IRCON can reach these targets, it could make its investors very happy.
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Ircon Share Price Target 2025
Price Target 2025 | 1st Target | 2nd Target |
January 2025 | ₹337.75 | ₹349.10 |
February 2025 | ₹346.25 | ₹355.40 |
March 2025 | ₹352.30 | ₹361.65 |
April 2025 | ₹348.60 | ₹358.80 |
May 2025 | ₹344.75 | ₹355.15 |
June 2025 | ₹357.15 | ₹368.40 |
July 2025 | ₹365.35 | ₹379.30 |
August 2025 | ₹374.90 | ₹388.60 |
September 2025 | ₹370.15 | ₹385.50 |
October 2025 | ₹383.65 | ₹395.95 |
November 2025 | ₹395.70 | ₹408.35 |
December 2025 | ₹404.20 | ₹416.80 |
In 2025, IRCON’s share price targets are set at ₹404.20 and ₹416.80. This means experts believe the value of IRCON’s stock could rise. With plans to diversify into new areas like renewable energy, including a 500 Mwh solar power plant, IRCON is aiming for growth beyond just construction projects. If it achieves these targets, it could be good news for investors, showing that IRCON is on track to expand and potentially increase profits.
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Ircon Share Price Target 2027
Price Target 2027 | 1st Target | 2nd Target |
January 2027 | ₹574.10 | ₹588.35 |
February 2027 | ₹591.50 | ₹607.70 |
March 2027 | ₹608.65 | ₹621.25 |
April 2027 | ₹602.70 | ₹617.95 |
May 2027 | ₹598.05 | ₹614.10 |
June 2027 | ₹613.95 | ₹629.45 |
July 2027 | ₹627.25 | ₹648.60 |
August 2027 | ₹645.70 | ₹663.80 |
September 2027 | ₹665.45 | ₹684.20 |
October 2027 | ₹687.90 | ₹712.65 |
November 2027 | ₹710.05 | ₹733.30 |
December 2027 | ₹735.60 | ₹757.80 |
For 2027, IRCON’s share price is predicted to aim for ₹735.60 as the first target and ₹757.80 as the second target. These targets suggest that experts anticipate IRCON’s stock to potentially rise in value. With ongoing efforts to diversify into new sectors, such as renewable energy, including a 500 Mwh solar power plant, IRCON is positioning itself for growth beyond its traditional construction projects. Achieving these targets could signal positive prospects for investors, indicating IRCON’s continued expansion and potential for increased profits.
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Ircon Share Price Target 2030
Price Target 2030 | 1st Target | 2nd Target |
March 2030 | ₹1,078.90 | ₹1,126.50 |
June 2030 | ₹1,204.45 | ₹1,268.10 |
Sep. 2030 | ₹1,313.55 | ₹1,379.60 |
Dec. 2030 | ₹1,402.70 | ₹1,463.85 |
Looking ahead to 2030, IRCON’s share price goals are quite high. The first target is ₹1,402.70, and the second is ₹1,463.85. These numbers show that IRCON’s stock might go up a lot. IRCON plans to expand into new areas, like renewable energy, by building a big solar power plant. This shows that IRCON is thinking about the future and trying new things to grow. If IRCON reaches these targets, it could mean good news for people who have invested in the company, showing that it’s doing well and moving in the right direction for the future.
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Fundamental Analysis of Ircon International Ltd.
Ircon Ltd. | |
---|---|
Market Cap | ₹20,917.07 Cr. |
Sector | Infrastructure |
Category | Small Cap |
EPS | 9.99 |
PE Ratio | 22.27 |
Industry PE | 61.15 |
Price to Book Value | 3.64 |
Subscribed Shares | 94.05 Cr. |
Face Value | 2 |
ROE | 15.50 % |
ROCE | 18.77% |
ROA | 5.14% |
The company, IRCON International Limited, with a market capitalization of ₹20,917.07 Cr. and operating within the infrastructure sector, falls under the category of Small Cap. Its earnings per share stands at 9.99, with a PE ratio of 22.27 and an industry PE ratio of 61.15. The price-to-book value ratio is 3.64, indicating its valuation relative to its book value. With a total of 94.05 Cr. subscribed shares and a face value of ₹2 per share, IRCON International Limited’s return on equity stands at 15.50%, return on capital employed (ROCE) at 18.77%, and return on assets at 5.14%. These financial metrics provide insight into IRCON International Limited’s performance, profitability, and market positioning within the infrastructure sector.
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Share Holdings Pattern of Ircon International Ltd.
Share Holding | |
---|---|
Promotor | 65.17% |
FIIs | 4.11% |
DIIs | 1.20% |
Non Institution | 29.52% |
The shareholding structure of IRCON International Limited reflects a prominent ownership stake by its promoters, constituting 65.17% of the total shares. Foreign Institutional Investors (FIIs) hold a notable 4.11% share, indicating international interest and investment in the company. Domestic Institutional Investors (DIIs) follow with a 1.20% stake. Non-institutional investors, including retail investors and others, hold a substantial 29.52% of the shares. This diversified shareholding pattern underscores investor confidence in IRCON’s growth prospects and signifies a balanced mix of institutional and non-institutional support.
Last 5 Years Net Profit of IRCON International Limited
Profit After Tax | |
---|---|
Dec. 2023 | ₹865 Crores |
March 2023 | ₹765 Crores |
March 2022 | ₹592 Crores |
March 2021 | ₹391 Crores |
March 2020 | ₹485 Crores |
From March 2020 to December 2023, IRCON International Limited’s profits have consistently grown. It started at ₹485 Crores in March 2020 and increased to ₹391 Crores by March 2021. Then, by March 2022, it grew to ₹592 Crores. Continuing this trend, profits rose to ₹765 Crores by March 2023 and reached a significant ₹865 Crores by December 2023. This steady increase shows that IRCON is doing well, managing its projects effectively, and making progress in the infrastructure sector.
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FAQ of Ircon Share Price Target 2024, 2025, 2030
The projected share price targets for IRCON in 2024 are ₹328.15 as the first target and ₹340.50 as the second target.
The anticipated share price targets for IRCON in 2025 are ₹404.20 as the first target and ₹416.80 as the second target.
The expected share price targets for IRCON in 2026 are ₹551.70 as the first target and ₹568.40 as the second target.
The anticipated share price targets for IRCON in 2027 are ₹735.60 as the first target and ₹757.80 as the second target.
The projected share price targets for IRCON in 2028 are ₹923.15 as the first target and ₹951.85 as the second target.
The expected share price targets for IRCON in 2029 are ₹1,162.30 as the first target and ₹1,195.40 as the second target.
The forecasted share price targets for IRCON in 2030 are ₹1,402.70 as the first target and ₹1,463.85 as the second target.
Conclusion
In this blog post, we explored the future share price targets for IRCON from 2024 to 2030. These targets tell us how much experts think IRCON’s stock might be worth in the coming years. From around ₹300 in 2024 to over ₹1,400 by 2030, IRCON’s targets show that it’s aiming high. This journey reflects IRCON’s plans to grow and do better in the future. Achieving these targets would not only make investors happy but also show that IRCON is doing well and moving forward in the right direction.
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