Ircon Share Price Target: In this article, you will read about Ircon Share Price Target prediction for this year and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Ircon, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Ircon Overview :
Ircon International, or Indian Railway Construction International Limited, is an Indian engineering and construction corporation, specialized in transport infrastructure. The public sector undertaking was Founded in 1976, they have 968 employees in 2023 by the Indian Railways under the Indian Companies Act 1956. It has 5,441.72 crores INR (US$680 million, 2020) revenue. Here is the official website- Click Here.
Shareholders of Ircon:
- Promoters. 73.18%
- Retail And Others. 22.49%
- Foreign Institutions. 4.01%
- Other Domestic Institutions. 0.30%
- Mutual Funds. 0.02%
Fundamentals of Ircon:
The market cap of Ircon is ₹17,329Cr. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | ₹17,329Cr |
| P/E ratio | 19.58 |
| P/B ratio | 3.13 |
| Industry P/E | 34.55 |
| Debt to Equity | 0.30 |
| ROE | 15.96% |
| Book value | 58.94 |
| EPS(TTM) | 9.41 |
| Dividend Yield | 1.63% |
| Face Value | 2 |
Ircon Share Price NSE/BSE:
Ircon Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
Ircon shares on NSE are currently trading at around 184.30 INR, each as of January 2024. Ircon shares on BSE are currently trading at 184.25 INR.
Ircon Share Price History:
| Year | Ircon International | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 2018 | ₹44.56 | – | ↑ ₹47.10↓ ₹33.80 |
| 2019 | ₹40.19 | -9.9% | ↑ ₹46.10↓ ₹33.34 |
| 2020 | ₹43.75 | 8.8% | ↑ ₹59.90↓ ₹29.00 |
| 2021 | ₹45.15 | 3.1% | ↑ ₹54.25↓ ₹39.67 |
| 2022 | ₹59.75 | 32.3% | ↑ ₹66.75↓ ₹34.80 |
| 2023 | ₹171.40 | 186.8% | ↑ ₹181↓ ₹50.10 |
| 2024 | ₹184.15 | 7.4% | ↑ ₹190↓ ₹169 |
Ircon Expected Share Price Target:
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹175 | ₹230 |
| 2025 | ₹235 | ₹305 |
| 2027 | ₹385 | ₹470 |
| 2030 | ₹700 | ₹800 |
| 2035 | ₹1100 | ₹1200 |
Also Consider Reading: JP Power Share Price Target.
Ircon Share Price Target 2024:
On the analysis we will get to know the Ircon share price target by 2024, the minimum price range of 175, and the maximum share price of 230. This range of amounts is based on the strategies of the company.
Ircon Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 175 | 230 |
Ircon Share Price Target 2025:
The expected minimum range of Ircon share price target in 2025 is 235, and the maximum share price target is 305.
Ircon Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2025 | 235 | 305 |
Ircon Share Price Target 2027:
The expected minimum range of Ircon share price target in 2027 is 385, and the maximum share price target is 470.
Ircon Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2027 | 385 | 470 |
Ircon Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Ircon shares is 700, and the maximum price range is 800.
Ircon Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2030 | 700 | 800 |
Ircon Share Price Target 2035:
By the year 2035, the expected minimum range of Ircon share price is 1100, and the maximum price range is 1200.
Ircon Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 1100 | 1200 |
Conclusion:
I hope you got clarity on the Ircon Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Ircon is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
FAQ
1. What is the Ircon Share Price Target for 2024?
A: The expected price target for Ircon in 2024 is 175 to 230 per share.
2. What is the Ircon Share Price Target for 2025?
A: The expected price target for Ircon in 2025 is 235 to 305 per share.
3. What is the Ircon Share Price Target for 2027?
A: The expected price target for Ircon in 2027 is 385 to 470 per share.
4. What is the Ircon Share Price Target for 2030?
A: The expected price target for Ircon in 2030 is 700 to 800 per share.
5. What is the Ircon Share Price Target for 2035?
A: The expected price target for Ircon in 2035 is 1100 to 1200 per share.
