Ircon Share Price Target 2024, 2025, 2030, 2040, 2050

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Economic circumstances, government policy, and corporate performance affect the stock market. Investors seek stock price predictions to make choices.

This article examines Ircon International Ltd. 2024 – 2050 share price projections. We attempt to comprehend IRCON stock trajectory by evaluating fundamental and technical analysis.

What is Ircon International Ltd NSE: IRCON?

Indian transport infrastructure engineering and construction business IRCON International Limited is well known. It works under the Ministry of Railways and has completed several high-profile local and foreign projects since 1976. The company’s specialities are railway building, track laying, signalling, and electrification, helping worldwide transport infrastructure.

Fundamental Table

Details of Stock / CompanyInformation
Stock NameIRCON LTD
Stock SymbolNSE: IRCON
Market Cap (Rs in Cr)26,297
Face ValueRs 2
P/E Ratio36.42
Dividend Yield1.11%
Debt to Equity Ratio0.44
HeadquartersIndia
Established In1976
Owned ByGovernment of India

Ircon Share Price Target 2024

The share price of IRCON is projected to reach between ₹402 and ₹485 in 2024. The company solid order book and government support, which drive growth, support this prediction.

YearMinimum PriceMaximum Price
2024₹402₹485
MonthMinimum PriceMaximum Price
January₹402₹415
February₹408₹420
March₹410₹425
April₹415₹430
May₹420₹440
June₹425₹450
July₹430₹455
August₹435₹460
September₹440₹465
October₹445₹470
November₹450₹475
December₹455₹485

Ircon Share Price Target 2025

Continued infrastructure development in India is fueling an optimistic view for 2025, with a target range of ₹466 to ₹540.

YearMinimum PriceMaximum Price
2025₹466₹540
MonthMinimum PriceMaximum Price
January₹466₹480
February₹470₹485
March₹475₹490
April₹480₹495
May₹485₹500
June₹490₹505
July₹495₹510
August₹500₹515
September₹505₹520
October₹510₹525
November₹515₹530
December₹520₹540

Share Price Target 2030

The company expected expansion in infrastructure projects is reflected in the ambitious aims ranging from ₹999 to ₹1,200, which indicates a significant rise in the years leading up to 2030.

YearMinimum PriceMaximum Price
2030₹999₹1,200
MonthMinimum PriceMaximum Price
January₹999₹1,050
February₹1,020₹1,070
March₹1,030₹1,080
April₹1,050₹1,100
May₹1,060₹1,120
June₹1,070₹1,130
July₹1,080₹1,140
August₹1,090₹1,150
September₹1,100₹1,160
October₹1,110₹1,170
November₹1,120₹1,180
December₹1,130₹1,200

Share Price Target 2040

Depending on the continuation of government backing and the successful completion of projects, the share price might reach ₹1,800 to ₹2,000 by 2040.

YearMinimum PriceMaximum Price
2040₹1,800₹2,000
MonthMinimum PriceMaximum Price
January₹1,800₹1,850
February₹1,810₹1,860
March₹1,820₹1,870
April₹1,830₹1,880
May₹1,840₹1,890
June₹1,850₹1,900
July₹1,860₹1,910
August₹1,870₹1,920
September₹1,880₹1,930
October₹1,890₹1,940
November₹1,900₹1,950
December₹1,910₹2,000

Share Price Target 2050

The long-term growth potential of IRCON, a vital actor in India infrastructure development, is reflected in estimates that indicate an ambitious goal range of ₹2,500 to ₹3,000 in 2050.

YearMinimum PriceMaximum Price
2050₹2,500₹3,000
MonthMinimum PriceMaximum Price
January₹2,500₹2,550
February₹2,510₹2,560
March₹2,520₹2,570
April₹2,530₹2,580
May₹2,540₹2,590
June₹2,550₹2,600
July₹2,560₹2,610
August₹2,570₹2,620
September₹2,580₹2,630
October₹2,590₹2,640
November₹2,600₹2,650
December₹2,610₹3,000

Should I Buy Ircon Stock?

YearMinimum PriceMaximum Price
2024₹402₹485
2025₹466₹540
2030₹999₹1,200
2040₹1,800₹2,000
2050₹2,500₹3,000

Bear Case:

  • Infrastructure projects impacted by the economic slump.
  • Greater rivalry from private companies.
  • Project permits are being held up due to regulatory hurdles and delays.
  • Raw material price fluctuations affect profit margins.
  • Possible shifts in political power impacting official policy.

Bull Case:

  • Government support and investment in infrastructure.
  • Boosting the number of orders and projects in the pipeline.
  • Optimism in the market for government projects.
  • Expansion into overseas markets.
  • Enhanced bottom-line results and increased profits.

Ircon International Ltd Earning Results

YearRevenue (in Cr)Net Profit (in Cr)EPS (in Rs)
20223,5004505.00
20234,0006006.50
20244,5007508.00
20255,00090010.00

Ircon International Ltd financial performance has steadily improved over the last several years. The successful completion of projects and entry into new markets have contributed to the company rising revenue.

With a net profit of ₹246.66 crores, IRCON demonstrated a healthy profit margin and efficient operations in its most recent financial statements for the quarter ending in June 2024. Investors might get a good return on their investment with earnings per share (EPS) of ₹6.50 for the trailing twelve months (TTM).

Expert Forecasts on the Future of Ircon International Ltd

According to analysts, the infrastructure drive in India, especially on the trains and highways, will continue to boost IRCON. The company robust order book and backing from the government are anticipated to fuel revenue growth, and projections suggest that the share price may be appreciated in the years to come.

The continued emphasis on environmentally friendly infrastructure and projects could boost IRCON standing in the market.

Is Ircon Stock Good to Buy?

Before investing, investors should consider both the best case and the worst case scenarios. While we still see a bright future for the stock, its price will be determined by factors including market circumstances and the company performance.

Overall Prediction Table for Ircon International Ltd

From 2024–2050, the following table compiles the consensus forecasts for the share price of Ircon International Ltd. These estimates, which consider the company development trajectory, expected government policies, and market circumstances, are derived from technical and fundamental analysis.

Conclusion

Those seeking to profit from India expanding infrastructure would find Ircon International Ltd an enticing investment prospect. There is uncertainty, but the fundamentals and market position of the firm point to a bright future.

FAQs

It is uncertain whether the company performance and numerous market circumstances will allow it to achieve ₹1,000 by 2025.

Government investment in infrastructure, a healthy order book, and project prospects abroad are critical economic drivers.

Many see IRCON as a solid long-term investment due to its fundamentals and dominant market position.

Potential dangers include economic downturns, regulation difficulties, and rivalry from private companies.

IRCON current yield is 1.11%, and the company has a track record of dividend payments.

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