Indian Railway Construction International Limited (IRCON) is the Public Sector Undertaking Company. IRCON International is an engineering & Railway Construction Company. IRCON International is Listed in Both NSE and BSE. In this article, we will discuss IRCON Share Price Target for 2024, 2025, to 2030. IRCON International Limited’s price prediction will be based on past performance and fundamental analysis. The Current Market Price of IRCON International Limited is ₹250.80 as of 27-04-2024. IRCON International Limited was listed on the National Stock Exchange and Bombay Stock Exchange on September 28, 2018.
IRCON International’s stock has performed well over the past few years. We have seen a good bull rally in IRCON stock in the last few years. IRCON International Limited has given good returns since its listing. IRCON International has given returns of 519.34% in the previous 5 years. And in the last 1 year, the company has given returns of 256.25%. The IRCON International Limited stock price increased from ₹41.01 to ₹250.80 in the previous 5 years. The 52-week High of IRCON International Stock is ₹280.85 and the 52-week Low is ₹69.30 as of 27 April 2024.
IRCON International Limited Overview
IRCON International was established in 1976. IRCON is fully owned by Indian Railways. IRCON International is known in India and abroad for constructing the Railway Project. Ircon was first known as Indian Railway Construction International Limited and then in October 1995, its name was changed to Indian Railway International Ltd. IRCON International received Navratna status from the Ministry of Finance in 2023. IRCON International is known for constructing new railway lines, Station buildings, bridges, and tunnels.
IRCON International has completed many projects internationally including railway construction, rehabilitation, and electrification projects in countries such as Bangladesh, Sri Lanka, Mozambique, and Malaysia. IRCON International has played a major role in building the Delhi Metro. IRCON International Limited also owns subsidiary companies such as Ircon Shivpuri Guna Tollway Limited, Ircon PB Tollway Limited, and Ircon Infrastructure & Services Limited. Yogesh Kumar Mishra has assumed the role of Chairman and Managing Director at IRCON International.
IRCON Share Price Target 2024
| Month | Target Price |
| IRCON Target For April 2024 | ₹255.30 |
| IRCON Target For May 2024 | ₹263.80 |
| IRCON Target For June 2024 | ₹271.25 |
| IRCON Target For July 2024 | ₹267.10 |
| IRCON Target For August 2024 | ₹275.50 |
| IRCON Target For September 2024 | ₹282.35 |
| IRCON Target For October 2024 | ₹287.60 |
| IRCON Target For November 2024 | ₹294.45 |
| IRCON Target For December 2024 | ₹302.75 |
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IRCON Share Price Target 2025
| Month | Target Price |
| IRCON Target For January 2025 | ₹310.05 |
| IRCON Target For February 2025 | ₹317.20 |
| IRCON Target For March 2025 | ₹323.40 |
| IRCON Target For April 2025 | ₹318.75 |
| IRCON Target For May 2025 | ₹327.10 |
| IRCON Target For June 2025 | ₹335.00 |
| IRCON Target For July 2025 | ₹341.80 |
| IRCON Target For August 2025 | ₹339.15 |
| IRCON Target For September 2025 | ₹348.85 |
| IRCON Target For October 2025 | ₹355.03 |
| IRCON Target For November 2025 | ₹363.55 |
| IRCON Target For December 2025 | ₹370.15 |
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IRCON Share Price Target 2026
| Month | Target Price |
| IRCON Target For January 2026 | ₹376.20 |
| IRCON Target For February 2026 | ₹383.10 |
| IRCON Target For March 2026 | ₹391.30 |
| IRCON Target For April 2026 | ₹398.15 |
| IRCON Target For May 2026 | ₹407.50 |
| IRCON Target For June 2026 | ₹416.25 |
| IRCON Target For July 2026 | ₹424.35 |
| IRCON Target For August 2026 | ₹432.70 |
| IRCON Target For September 2026 | ₹440.85 |
| IRCON Target For October 2026 | ₹448.20 |
| IRCON Target For November 2026 | ₹454.45 |
| IRCON Target For December 2026 | ₹459.05 |
IRCON Share Price Target 2027
| Month | Target Price |
| IRCON Target For January 2027 | ₹465.15 |
| IRCON Target For February 2027 | ₹472.40 |
| IRCON Target For March 2027 | ₹479.20 |
| IRCON Target For April 2027 | ₹484.50 |
| IRCON Target For May 2027 | ₹490.75 |
| IRCON Target For June 2027 | ₹496.25 |
| IRCON Target For July 2027 | ₹501.00 |
| IRCON Target For August 2027 | ₹509.35 |
| IRCON Target For September 2027 | ₹516.65 |
| IRCON Target For October 2027 | ₹523.80 |
| IRCON Target For November 2027 | ₹527.05 |
| IRCON Target For December 2027 | ₹535.60 |
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IRCON Share Price Target 2028
| Month | Target Price |
| IRCON Target For January 2028 | ₹541.20 |
| IRCON Target For February 2028 | ₹550.35 |
| IRCON Target For March 2028 | ₹558.25 |
| IRCON Target For April 2028 | ₹602.40 |
| IRCON Target For May 2028 | ₹617.30 |
| IRCON Target For June 2028 | ₹625.50 |
| IRCON Target For July 2028 | ₹636.65 |
| IRCON Target For August 2028 | ₹644.05 |
| IRCON Target For September 2028 | ₹658.60 |
| IRCON Target For October 2028 | ₹670.85 |
| IRCON Target For November 2028 | ₹679.80 |
| IRCON Target For December 2028 | ₹685.30 |
IRCON Share Price Target 2029
| Month | Target Price |
| IRCON Target For January 2029 | ₹693.70 |
| IRCON Target For February 2029 | ₹698.75 |
| IRCON Target For March 2029 | ₹695.00 |
| IRCON Target For April 2029 | ₹704.15 |
| IRCON Target For May 2029 | ₹712.40 |
| IRCON Target For June 2029 | ₹718.30 |
| IRCON Target For July 2029 | ₹724.35 |
| IRCON Target For August 2029 | ₹730.00 |
| IRCON Target For September 2029 | ₹738.05 |
| IRCON Target For October 2029 | ₹746.25 |
| IRCON Target For November 2029 | ₹753.05 |
| IRCON Target For December 2029 | ₹758.10 |
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IRCON Share Price Target 2030
| Month | Target Price |
| IRCON Target For January 2030 | ₹764.00 |
| IRCON Target For February 2030 | ₹772.35 |
| IRCON Target For March 2030 | ₹777.20 |
| IRCON Target For April 2030 | ₹783.10 |
| IRCON Target For May 2030 | ₹790.15 |
| IRCON Target For June 2030 | ₹795.25 |
| IRCON Target For July 2030 | ₹804.60 |
| IRCON Target For August 2030 | ₹810.50 |
| IRCON Target For September 2030 | ₹816.65 |
| IRCON Target For October 2030 | ₹823.90 |
| IRCON Target For November 2030 | ₹820.00 |
| IRCON Target For December 2030 | ₹829.00 |
IRCON International Financials 2023
| Particulars | Year (2023) |
| Revenue | ₹10,749(Cr) |
| Expenses | ₹9,890(Cr) |
| EBITA | ₹1,116(Cr) |
| Profit Before Tax | ₹891(Cr) |
| Net Profit | ₹765(Cr) |
IRCON International Fundamentals
| Particulars | Figures |
| Market Cap | ₹23,588(Cr) |
| P/E Ratio | 25.11 |
| Debt to Equity | 0.30 |
| ROE | 15.96% |
| Book Value | 58.94 |
| Face Value | 2 |
IRCON International Shareholding Pattern
| Particulars | Shareholding pattern |
| Promoters | 65.17% |
| Retail Investor | 28.92% |
| Foreign Institutions (FII) | 4.58% |
| Domestic Institutions (DII) | 0.87% |
| Mutual Funds | 0.45% |
Key factors to consider before investing in IRCON International Limited
- Before investing in IRCON International Limited Stock, analyze its financial performance, revenue growth, debt levels, cash flow, and net profit. The revenue and profit of IRCON International have been consistently increasing over the past few years.
- It is also important to keep in mind how much of the budget the government is spending on infrastructure and how much the government is spending on railways infrastructure It is very important for the company’s Growth.
- IRCON International Limited also has big competitors from both government and private sectors like Rail Vikas Nigam Limited (RVNL), Larsen & Toubro (L&T), IRB Infrastructure Developers Ltd (IRB), NCC Limited (NCC) so it is also necessary to analyze the competitors.
- Before investing in IRCON International Limited, understand your risk and invest with proper risk management.
- The government is the biggest shareholder in IRCON International Limited So it also keeps an eye on the Shareholding Pattern of the company.
- Must consider the fundamentals of IRCON International Limited, such as the price-to-earnings ratio (P/E), market valuation, price-to-book (P/B) ratio, and other relevant metrics.
- It is also important to strengthen the international construction business of IRCON International Limited which is essential for the growth of the company.
Conclusion
IRCON International Limited has shown very good growth in the last few years. Due to this, the confidence of investors is increased on this stock and we may see growth in this stock in the coming years also. The increasing budget of Indian Railways is also good for the company.
The target price of IRCON International Limited given above is only a guidance. We do not give any kind of buy or sell advice. The target prices of the given IRCON Stocks are subject to change at any time depending on the market conditions. However, TrendFriend advises you to consult your experts for any investment In IRCON International Limited.
FAQ’S
What is the target price of IRCON In 2025?
IRCON share price target is between ₹310.05 to ₹370.15 in 2025.
What is the target price of IRCON In 2026?
IRCON share price target is between ₹376.20 to ₹459.05 in 2026.
What is the target price of IRCON In 2027?
IRCON share price target is between ₹465.15 to ₹535.60 in 2027.
What is the target price of IRCON In 2029?
IRCON share price target is between ₹693.70 to ₹758.10 in 2029.
What is the target price of IRCON In 2030?
IRCON share price target is between ₹764.00 to ₹829.00 in 2030.
Who is the Chairman & MD of IRCON International Limited?
Yogesh Kumar Mishra is the Chairman and Managing Director at IRCON International Limited.
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