Are you looking for the monopoly railway stock to invest in? If yes, then in this post we will cover the IRCON share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040.
Along with the Ircon International share price target, we’ll take a look at the company’s profile, future growth, order book, peer competitors, promotors, technical factors, fundamental analysis, strength & weakness, growth chart, balance sheet, shareholding patterns, and much more.
After reading this post, we must say that you might able to decide whether Ircon stock should be there in your watchlist or portfolio because railway sector is still growing in India.
A Brief Overview of Ircon International History
The Ircon International or Indian Railway Construction International Limited (traded as IRCON) is an Indian engineering and railway construction Navratna PSU under the ministry of Railways, founded in 1976 as a Central PSU body for railway infrastructure in India. Their headquarter is located in New Delhi, India. On 2018, the IRCON was listed in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Ircon International aims to develop infrastructure in railway and transport segment in India and construction of railway infrastructure with a proper engineering process. Currently, the Ircon served their railway and infrastructure services worldwide and also listed in BSE, NSE, and so on.
However, the Ircon International incorporated under the arm of Ministry of Railway, GOI for the expansion railway and transport in India with a diversified plan of action. Railways, Highways, and Construction of EHT Substation are the core part of business of Ircon International Limited.
The company have strong order book from India and other part of world. In this detailed blog post, we will explore the Ircon share price target for 2024, 2025, 2026, 2030, and up to 2040 for educational purposes.
In this post, we will take a look IRCON’s current market position, their growth charts, dividends, risk factors, and other factors that influence its price forecast up to 2040.
| Company Type- | Mid Cap Company |
| Expertise or Industry- | Railway |
| Ticker Symbol- | NSE- IRCON BSE- 541956 NSE NIFTY 500 Constituent |
| Traded As (Listed In)- | National Stock Exchange (NSE) Bombay Stock Exchange (BSE) |
| Founded In- | 1976 |
| Founders- | Ministry of Railway, Government of India |
| Headquarters- | Delhi, India |
| Key People- | Shri Hari Mohan Gupta (Chairman) |
| Area Served- | Worldwide |
| Parent Holders- | Ministry of Railway, Govt. of India |
| Subsidiaries- | Ircon Infrastructure & Services Limited. Ircon Shivpuri-Guna Tollway Limited. Ircon PB Tollway Limited. |
| Official Website- | ircon.org |
Fundamental Analysis of Ircon International Limited.
Currently, the IRCON Share Price today- Rs. 199.
The technical and fundamental analysis of IRCON company helps investor to know how strong their fundamentals is so that investor can also predict the Ircon share price tomorrow.
Their fundamental analysis includes several parameters such as PE ratio, PB ration, ROE, Beta, ROCE, OPM, EPS, and so on. So, below is table of data that will give you an idea about the data analysis of Ircon shares in the Indian Stock Market.
| Market Cap- | ₹ 19,368 Cr. |
| Total No. of Shareholders- | 12.08L |
| P/E Ratio- | 21.00 |
| P/B Ratio- | 3.36 |
| Face Value- | ₹ 2.00 |
| Book Value (TTM)- | ₹ 65.70 |
| EPS (TTM)- | Rs. 9.03 |
| Dividend Yield- | 1.51% |
| Beta- | 1.81 |
| Promoter Holding- | 65.17% |
| ROE- | 16.40% |
| ROCE- | 18.20% |
| Debt to Equity- | 0.00 |
IRCON Share Price Targets
After analysing the growth potential and book orders of this railway stock, the IRCON shows a tremendous growth of 372% from last 5 years (since 2019). In 2018, the starting price of Ircon stock is ₹40 but now in 2024, the price is already touched the price of ₹343.
With this result, we may predict that the Ircon International Ltd share is going to perform amazing in the upcoming 10-15 years with the growing potential and increasing investors. So, below we are providing the Ircon Share Price Target 2024, 2025, 2030, 2035 and up to 2040.
It may also be noted that the table below displays information of IRCON Share Price Targets of all the particular years are the predictable targets. All the share price targets in this post are made only for education purpose only.
IRCON Share Price Target 2024
| Year | IRCON International Share Price in 2024 |
| 2024 | ₹184 to ₹350. |
IRCON Share Price Target 2024– As we already know the expansion of railway sector is growing in India and IRCON International Stock has potential to contribute in the growth of railway in India. In mid-July, the stock already hit the price of INR 343. So, as per our analysis, the IRCON Stock has chances to lie in the range of Rs. 184 to Rs.350 by the end of 2024.
IRCON Share Price Target 2025
| Year | IRCON International Share Price in 2025 |
| 2025 | ₹355 to ₹440. |
IRCON Share Price Target 2025– Railway sector plays an important role in the GDP and economy of India, that’s why we have seen the amazing growth in railway stocks in the upcoming years. With our prediction, the Ircon Stock has chances to lie in the range of Rs. 355 to Rs.440 by the end of 2025.
IRCON Share Price Target 2026
| Year | IRCON International Share Price in 2026 |
| 2026 | ₹445 to ₹555. |
IRCON Share Price Target 2027
| Year | IRCON International Share Price in 2027 |
| 2027 | ₹560 to ₹650. |
IRCON Share Price Target 2028
| Year | IRCON International Share Price in 2028 |
| 2028 | ₹655 to ₹780. |
IRCON Share Price Target 2029
| Year | IRCON International Share Price in 2029 |
| 2029 | ₹785 to ₹865. |
IRCON Share Price Target 2030
| Year | IRCON International Share Price in 2030 |
| 2030 | ₹870 to ₹920. |
IRCON Share Price Target 2030– Considering Ircon International Share is positive with strong commitment towards engineering procurements and railway services. The share has amazing potential for long term investment and their price will lie in the range of Rs.870 to Rs.920 by the end of 2030.
IRCON Share Price Target 2035
| Year | IRCON International Share Price in 2035 |
| 2035 | ₹925 to ₹1030. |
IRCON Share Price Target 2035– the Ircon International Share price for 2035 will lie between Rs.925 to Rs.1030 because the government will cover India with railway lines for the growth of business and economy.
IRCON Share Price Target 2040
| Year | IRCON International Share Price in 2040 |
| 2040 | ₹1035 to ₹1150. |
IRCON Share Price Target 2040– Considering strong order book, growth in quarterly results, balance sheet and P&L, the Ircon share will might lie between the price range of Rs.1035 to Rs.1150 by the end of 2040. The Ircon International share will definitely benefit for the long-term investors.
Shareholding Pattern of Ircon International Share
Below is the table that shows the overall shareholders of Ircon International Limited till September 2024.
| Total Promotor Holding | 65.17% |
| Mutual Funds | 0.31% |
| Other Domestic Institutions (DII) | 1.32% |
| Foreign Institutions (FII) | 3.94% |
| Retail Investors | 25.56% |
| Other Parties | 3.69% |
Strength and Weakness of Ircon Share Price
This portion gives you the idea about the strength and weakness of Ircon International Limited (IRCON) in the railway sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Consistent high returns in last 5 years in Nifty 500. | Mutual Funds decreased their shareholding |
| Company with lowest debt. | Weak momentum. |
| From the last 2 years, book value is improved. | Net cash flow is declining. |
| ROE and ROCE are improving in last 2 years. | |
| Net Profit and margins are growing in the last 2 years. |
Ircon International Competitors
Below is the list of companies that shows an amazing competition to Ircon International Limited share in the railway sector.
- Larsen Toubro Ltd (L&T).
- HUDCO.
- HCC.
- IRB Infrastructure.
- Afcons Infrastructures.
- RVNL Ltd.
- H.G. Infra Engineering.
Final Words about Ircon Share Price Target
We hope that this post might help you to gain educational knowledge about the Ircon share price target that will help you while taking decision about this railway stock. Also, this post help to get an idea whether the Ircon stock has potential or not for a long period.
According to our analysis, we might say that Ircon share has potential with a steady growth that give you heavily returns for investing in long period because it is mid cap railway stock.
You can also decide whether you going to choose IRCON share for long term investment by comparing them with other stocks of same market cap and same sector.
Do your own research properly at your own risk and analyze stocks by yourself because market is unpredictable and always do some corrections that will also affect the IRCON stock’s performance.
Therefore, these IRCON stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the IRCON stock for investment! Please read the Disclaimer below.
