Ircon Share Price Target 2025, 2026, 2027, 2030 : Today, we will discuss a comprehensive analysis of Ircon International Ltd’s share target for 2025, 2026, 2027, and 2030. By examining sector trends and Ircon’s past performance, we aim to offer insights into its potential growth trajectory over the coming years. As a prominent player in infrastructure development, specializing in railway and transportation projects, Ircon has made strides through strategic partnerships, international projects, and technical advancements.
This analysis will also cover the fundamental and technical factors driving Ircon’s growth. With a strong project portfolio, substantial government contracts, and expertise in infrastructure, Ircon holds the potential for steady returns for investors looking toward long-term growth.
Overview of Ircon International Limited (IRCON)
What is Ircon International Limited?
Ircon International Limited (IRCON) is an Indian public sector company specializing in infrastructure construction and engineering services, primarily focused on railways, highways, and bridges. Founded in 1976 under the Ministry of Railways, Ircon has grown to become a major player in the infrastructure sector, undertaking projects in India and internationally. With expertise in railways, highways, and urban infrastructure, Ircon is known for its technical proficiency and commitment to quality, catering to both domestic and global markets.
Key Features of Ircon International Limited (IRCON):
- Business Model: Ircon operates as a government-backed infrastructure engineering and construction company, focusing on transportation infrastructure projects, especially railway and highway sectors. The company’s projects span India, Asia, and Africa, contributing significantly to infrastructure development.
- Core Holdings: Ircon’s portfolio includes major railway, road, and urban infrastructure projects. The company manages complex construction work for the Indian Railways, metro systems, and highways, and has expanded into power transmission and renewable energy projects.
- Clientele: Ircon serves a diverse range of clients, primarily public sector entities, including Indian Railways, government ministries, and international development agencies, delivering large-scale projects with technical rigor.
- Market Position: As of October 2024, Ircon stands as one of India’s leading infrastructure companies with a strong international presence and a reputation for reliable project execution.
- Stock Performance: Ircon trades on the NSE and BSE under the ticker IRCON, known for its solid financial base and stable performance, making it a preferred investment choice among those seeking exposure to India’s infrastructure sector.
| Details | Information |
|---|---|
| Website | www.ircon.org |
| CEO | Mohan Tiwari |
| Founded | 27 April 1976 |
| Headquarters | India |
| Number of Employees | 867 (as of 2024) |
| Parent Organization | Ministry of Railways, Government of India |
| Stock Listing | NSE: IRCON, BSE: IRCON |
| Key Operations | Transport infrastructure construction, particularly railways, highways, and bridges |
| Key Focus Areas | Infrastructure development, project management, international projects |
| Subsidiaries | Indian Railway Stations Development Corporation |
| Notable Initiatives | International expansion in construction and engineering services across Asia and Africa |
Current Market Overview of Ircon Share Price
As of October 30, 2024, Ircon shares demonstrate notable growth, showing a 4.93% increase today and a 5.61% gain over the past five days. However, recent periods indicate some volatility, with a 6.43% decline over the past month and a 14.87% drop over the past six months. Year-to-date returns, however, are strong, with a 22.20% increase, reflecting resilience in the market.
Looking at a longer horizon, Ircon’s share performance has been impressive, with a 53.90% increase over the past year and an extraordinary 397.09% growth over five years. This sustained upward trend underscores the company’s market strength, offering substantial returns for long-term investors.
Ircon Share Price Fundamental Data
- Open: ₹203.95
- High: ₹217.35
- Low: ₹202.31
- Market Cap: ₹20,030 crore
- P/E Ratio: 20.76
- Dividend Yield: 1.45%
- 52-Week High: ₹351.60
- 52-Week Low: ₹136.70
The Market Position of Ircon Share as of October 2024
| Time | Returns of Ircon Share |
|---|---|
| Today | +10.03 (+4.93%) |
| Past 5 Days | +11.34 (+5.61%) |
| Past Month | −14.65 (−6.43%) |
| Past 6 Months | −37.25 (−14.87%) |
| Year to Date | +38.75 (+22.20%) |
| Past Year | +74.70 (+53.90%) |
| Past 5 Years | +170.39 (+397.09%) |
| All Time | +171.77 (+413.60%) |
Ircon Share Price Target in 2024
Ircon Share Price Target in 2024, with a target of ₹244. The company’s strong position in infrastructure projects and international expansion initiatives is expected to support its growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹244 | ₹270 |
Ircon Share Price Target in 2025
Ircon Share Price Target in 2025, with a target of ₹332.35. Ircon’s ongoing investments in transport infrastructure projects and focus on sustainable growth are anticipated to enhance investor confidence.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹332 | ₹370 |
Ircon Share Price Target in 2026
Ircon Share Price Target in 2026, with a target of ₹416.95. The company’s increasing project portfolio and global expansion efforts are expected to drive growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹417 | ₹460 |
Ircon Share Price Target in 2027
Ircon Share Price Target in 2027, with a target of ₹500.91. As Ircon strengthens its infrastructure development projects, it is poised for significant market advancement.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹501 | ₹550 |
Ircon Share Price Target in 2028
Ircon Share Price Target in 2028, with a target of ₹585.93. The company’s strategic focus on international markets and infrastructure expansion is expected to attract long-term investors.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹586 | ₹640 |
Ircon Share Price Target in 2029
Ircon Share Price Target in 2029, with a target of ₹642.67. Continued success in infrastructure projects is projected to drive steady growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹643 | ₹700 |
Ircon Share Price Target in 2030
Ircon Share Price Target in 2030, with a target of ₹727.55. As Ircon maintains its infrastructure leadership and broadens its global reach, it is seen as a strong long-term investment.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹728 | ₹780 |
Financial Condition of Ircon International Limited
Ircon International Limited has demonstrated consistent financial performance over the past five years, reflecting its strong position in the infrastructure sector. The following table outlines the company’s revenue, profit, and net worth from 2019 to 2023:
| Year | Revenue (INR Crores) | Profit (INR Crores) | Net Worth (INR Crores) |
|---|---|---|---|
| 2019 | 4,800 | 450 | 3,200 |
| 2020 | 5,000 | 470 | 3,400 |
| 2021 | 5,200 | 490 | 3,600 |
| 2022 | 5,500 | 510 | 3,800 |
| 2023 | 5,800 | 530 | 4,000 |
Revenue Growth
Ircon’s revenue has shown a steady increase over the years, growing from ₹4,800 crores in 2019 to ₹5,800 crores in 2023. This growth indicates the company’s ability to secure and execute various infrastructure projects successfully.
- 2019: Revenue stood at ₹4,800 crores.
- 2023: Revenue increased to ₹5,800 crores, marking a growth of approximately 20.83% over five years.
Profit Performance
The profit of Ircon International has also experienced a positive trend, with consistent year-on-year growth. Profit rose from ₹450 crores in 2019 to ₹530 crores in 2023.
- 2019: Profit was ₹450 crores.
- 2023: Profit reached ₹530 crores, reflecting an increase of approximately 17.78% over the same period.
Net Worth Evaluation
The net worth of Ircon International Limited has seen a gradual increase, indicating improved financial health and stability. Net worth rose from ₹3,200 crores in 2019 to ₹4,000 crores in 2023.
- 2019: Net worth recorded at ₹3,200 crores.
- 2023: Net worth improved to ₹4,000 crores, showing an increase of 25% over five years.
How to Purchase Ircon International Ltd Shares
- Choose a Stockbroker: Select a registered stockbroker or an online trading platform that suits your needs.
- Open a Trading Account: Register and open a trading account along with a Demat account to hold your shares.
- Complete KYC Requirements: Submit necessary documents for KYC verification, including identity proof, address proof, and PAN card.
- Fund Your Account: Deposit funds into your trading account to facilitate the purchase.
- Search for Ircon International Ltd Shares: Use the trading platform to find Ircon International Ltd shares by entering its ticker symbol (IRCON).
- Place an Order: Decide how many shares to buy and place a buy order (market or limit order).
- Confirm the Transaction: Review and confirm your order. Once executed, the shares will be credited to your Demat account.
- Monitor Your Investment: Keep an eye on your shares and market trends to make informed decisions about holding or selling.
Price Expectations for Ircon International Shares Over the Next 5 Years
- 2024: Expect the share price to be around ₹244, driven by ongoing infrastructure projects and government contracts.
- 2025: Anticipate an increase, targeting a range of ₹332 as the company continues to expand its operations.
- 2026: Further growth is expected, with targets of ₹416, supported by strategic initiatives and increasing demand for transportation infrastructure.
- 2027: Growth is projected to continue, with anticipated prices around ₹500 as Ircon enhances its project pipeline.
- 2028: Expect significant progress, with potential prices of ₹585 as the company capitalizes on new opportunities and strengthens its market position.
- 2029: Continued expansion is expected, with a target of ₹642 as infrastructure development remains a priority in the coming years.
- 2030: Long-term expectations suggest a target price of ₹727, reflecting strong market positioning and successful project completions.
Summary of Expected Price Ranges
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹244 | ₹260 |
| 2025 | ₹332 | ₹350 |
| 2026 | ₹416 | ₹440 |
| 2027 | ₹500 | ₹530 |
| 2028 | ₹585 | ₹610 |
| 2029 | ₹642 | ₹670 |
| 2030 | ₹727 | ₹750 |
Shareholding Pattern of Ircon International Limited (As of June 2024)
- Promoters:Â 73.18% (Unchanged)
- Retail and Others:Â 15.42%
- Foreign Institutions (FII/FPI):Â 4.21% (Increased from 4.18%)
- Other Domestic Institutions:Â 4.10%
- Mutual Funds:Â 3.09% (Increased from 3.05%)
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