IRCON Share Price Target 2024, 2025, 2027, 2030, 2040

If you think about which share will be best for investment in recent times then you should know about IRCON Share Price Target. Today in our blog we will explain the basic idea about IRCON Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

IRCON Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand IRCON Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at IRCON Share Price Target 2024 to 2040.

What is IRCON Company?

The full form of IRCON is Indian Railway Construction International Limited. The company was established in the year 1976 and the company is an Indian public sector owned by Indian Railways. The company is a corporation related to Indian engineering and construction which is specially built to make transport infrastructure.

Overview Of IRCON Company

Firstly the company started its journey through the construction of Railway products in India and the USA also then the company diversified its business into other transport and infrastructure segments. In recent times the company has completed 1640 major infrastructure projects in India worked in more than 31 countries and completed the work of 900 major infrastructure projects in different countries.

The company spread its business outside of countries like Afghanistan, Bhutan, Ethiopia, Malaysia, Iran, London, Singapore and many other countries. The company has done its projects in different Railways, tunnels, signaling, highways, telecommunication, bridges and many other projects related to construction. The company also works as a turnkey construction company.

Financial Data Analysis Of IRCON Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. IRCON Share Price Target also depended upon the ratio which is described below.

IRCON Share Price Target History From The Year 2024 to 2040

IRCON Share is enlisted in both the Indian stock BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). IRCON Share is a bullish trend in the share market. The last 6 months’ share growth of the company was +111.80 (63.56%), the last 1 month’s share growth was +38.25 (15.33%), the last 1 year’s share growth was +207.50 (259.28%), the last 5 year’s share growth was +247.33 (613.17%) and the maximum share growth was +246.02 (592.39%).

The share price return amount of IRCON Share was 15.29% in the last 1 month, the last 3 months’ share return amount was 25.86%, in the last 1 year the share return amount was 255.72%, in the last 3 years the return amount was 512.57% and the 5 year’s the return amount was 247.72%. Let’s have a look at IRCON Share Price Target from the year 2024 to 2040.

Also Read – IRCTC Share Price Target 2024, 2025, 2027, 2030, 2040

IRCON Share Price Target 2024

IRCON company completed many international projects related to Railway Construction. Some of the projects are a reconstruction of the Pallai to Kankesanthurai Railway Line in Sri Lanka for this project the company invested US$ 155.12 Million, in Malaysia the company worked on the construction of a railway bridge, road over bridges, and underpasses on RAWANG KAJANG section for this projects the company invested US$ 4 Million. In Mozambique, the company designed the Dona Ana Bridge for this project the company invested ₹269.89 Million.

The profit amount of the company was 15.2% in the last 5 years which became 17.2% in the last 3 years and the amount became 43.5% in the last 1 year. The net profit amount was ₹545.12 Crore in 2022, March which became ₹775.12 Crore in March 2023. The operating profit amount was ₹321.36 Crore in 2022, March which became ₹335.23 Crore in 2023, March. If we look at the share price forecast of IRCON Share Price Target 2024, the 1st Price Target is ₹240 and the 2nd Price Target is ₹370.

IRCON Share Price Target 2025

In the last 20 years, IRCON company also worked on constructing Highways and roads in India and abroad using the latest technology. In Nepal, the company reconstructed the East-West Highway in Belbari to Chawharwa (140 Km) for this project the company invested ₹305 Million in 1989-1994. The company also worked on the construction of different types of buildings like Hospitals, Workshops, and airports including plumbing and fire fighting, etc. The company expanded the National Infrastructure pipeline to 9,412 projects. The Government of India also invest ₹10 lakh crore in the union budget.

In the financial year 2022-23, the revenue of the company increased 29.12%. The total revenue of the company was ₹7,856.56 Crore in the year 2022, March which became ₹10,789.56 Crore in 2023, March. The company’s operating revenue was ₹6,988.89 Crore in 2022, March which became ₹9,985.56 Crore in 2023, March. If we look at the share Price forecast of IRCON Share Price Target 2025, the 1st Price Target is ₹410 and the 2nd Price Target is ₹580.

IRCON Share Price Target 2027

IRCON company also works for electrification like in Railway Electrification, supplies cities, metro, and airport power, and supplies power in tunnels supplies electricity in industrial and workshop areas, works in Turnkey Projects Management. Completed projects like Railway Electrification at 25 kV AC in Turkey (348 TKM). For the project Shivpuri to Guna Highway the company won the 11th CIDC Vishwakarma Award for the best construction project in the year 2019, the company also owned Governance Now 6th PSU Award for Value Growth in the year 2019.

The sales growth of the company also increasing. The last 5 year’s share growth was 21.23% which became 26.23% in the last 3 years it increased up to 44.12% in the last 1 year. The net sales amount was ₹6,989.56 Crore in the year 2022, March which became ₹9,985.89 Crore in March 2023. The ROE percentage was 12.01% in the last 5 years which became 12.90% in the last 3 years and it became 16.23% in the last 1 year. If we look at the share price forecast of IRCON Share Price Target 2027, the 1st Price Target is ₹810 and the 2nd Price Target is ₹985.

IRCON Share Price Target 2030

For all types of signaling and communication projects, the company provides turnkey solutions. In mechanical signaling, the company provides electronic interlocking and relay-based interlocking projects. The company provides automatic train protection systems in Sri Lanka, Bangladesh, and many other countries. The company also maintains Centralized Traffic Control (CTC), Audio frequency Track Circuits, CCTV, Passenger information system, HF Radio system Digital Microwave, etc. Done the project-based interlocking system for 25 stations.

As the company is a very old company and completed the projects outside of the country the promoter holding capacity of the company is good which is 61.12% which means many good investors want to invest in the share. From the Railways Segment, the company booked orders of ₹24,789 Crore every year in the year 2023, from the highway construction booked of ₹6,980 Crore, and from the other segments annually booked orders of ₹1,987 Crore in the year 2023. If we look at the share price forecast of IRCON Share Price Target 2030 the 1st Price Target is ₹1500 and the 2nd Price Target is ₹1680.

Also Read – IRFC Share Price Target for 2024, 2025, 2027, 2030 – 2035 (Long Term)

IRCON Share Price Target 2040

IRCON company spread its business in the aviation sector also which includes which included construction of runways, airport terminal buildings, etc. In India, the company operates in more than 20 states and completed 130 projects and completed approximately 410 domestic projects. Some of the major projects are the Kim- Vadodara projects which were received in 2022 and invested ₹1700 Crore, and The Hahipur- Bachhwara Project 72 Km Route in 2022 invested ₹1,100 Crore.

The total expenditure amount of the company was ₹6,523.89 Crore in the year 2022, March which became ₹9,923.56 Crore in March 2023. The ROCE percentage in the last 5 years was 18.89% in the last 5 years which became ₹20.01% in the last 3 years and last 1 year the percentage became 22.12%. If we look at the share price forecast of IRCON Share Price Target 2040, the 1st Price Target is ₹3500 and the 2nd Price Target is ₹3680.

How To Purchase IRCON Share?

The most common trading platform for purchasing the IRCON Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of IRCON Company

• Ircon Internati
• JRI Industries
• Larsen
• Mega Nirman
• Pacheli Ind

Investors Types And Ratio Of IRCON Company

There are mainly four Types of Investors in IRCON Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. IRCON Company’s promoter holding capacity is 64.10%.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). IRCON Company’s public holding capacity is 28.90%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. IRCON Company’s FII is 4.70%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. IRCON Company’s DII is 2.30%.

Advantages and Disadvantages Of IRCON Share

Every share has some advantages and some disadvantages also. So, the IRCON Share Price Target also has some advantages and disadvantages described below.

Advantages

• The last year profit growth of the company was 43.5%.
• The revenue of the company increased by 29.12% in the last year.
• The company has a small amount of debt.
• The company has an efficient cash conversation cycle which is -712.89 days.
• The book value amount of the company has increased in the last 2 years.
• The annual net profit of the company has increased in the last 2 years.

Disadvantages

• The cash flow amount of the company from the operation is decreased which is -118.56.
• The tax rate amount of the company is low which is 12.02.

Hopefully, STOCKS WALLAH will help you gain some basic ideas about the RVNL Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, RVNL Share Price Target may reach a very high position. RVNL Company is related to the construction of the Railway. So the demand for this sector also increases which helps the share to gain profit in the future.

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