Indian Railway Construction International Limited, commonly known as IRCON, was established in 1995 as a subsidiary of Indian Railways International Limited. Having initially focused on railway projects, IRCON has expanded its operations to include transport and infrastructure sectors. This government-owned entity operates under the Ministry of Railways and has a significant presence not only in India but also in Malaysia, Nepal, Bangladesh, Mozambique, Ethiopia, Afghanistan, the UK, Algeria, and Sri Lanka. IRCON Share Price on NSE as of 19 September 2024 is 222.70 INR. On this page, you will be provided with complete information about IRCON’s share price targets 2024, 2025, 2026, to 2030 and forecast.
IRCON Company Full Details
The Central government plans to sell 8% of its stake in Indian Railway Construction International Limited through an offer-for-sale method. IRCON International holds ‘Navratna Status,’ enabling it to invest up to Rs 1,000 crore without requiring explicit government approval. To qualify for this status, a company must maintain a net profit of Rs 5,000 crores for three consecutive years, an annual turnover of Rs 25,000 crores, or have an average annual net worth of Rs 15,000 crores over 3 years. Additionally, IRCON International has recently won a contract worth Rs 144 crore in Manipur.
| Chairman & MD | Shri Hari Mohan Gupta |
| Founded | 27 April 1976 (48 years ago) |
| Revenue | Increase ₹5,441.72 crore (US$650 million) (2020) |
| Number of employees | 1260 (14 May 2024) |
IRCON Share Price Target Key Statistics
| Official Website | ircon.org |
| P/E Ratio | 32.32 |
| PEG Ratio | 18.57 |
| Market Cap | ₹30,030.67 Cr |
| P/B Ratio | 1.02 |
| EPS | 8.14 |
| Dividend Yield | 5.36 |
| Sector | Infrastructure Developers & Operators |
| ROE | 15.85 |
| Category | Share Price |
Read Also:- IRCON Share Price Target 2024, 2025, 2026, to 2030 and Forecast
IRCON Share Price Today Chart
Current Market Overview Of IRCON Share Price
- Open Price: ₹228.25
- High Price: ₹230.80
- Low Price: ₹222.30
- Current Price: ₹222.70
- Mkt cap: ₹20.96KCr
- P/E ratio: 21.70
- Div yield: 1.39%
- 52-wk high: ₹351.60
- 52-wk low: ₹127.25
IRCON Share Price Target Tomorrow From 2024 to 2030
Discover the future growth potential of IRCON shares with these estimated price targets from 2024 to 2030.
| S. No. | IRCON Share Price Target Years | Share Price Target |
| 1 | IRCON Share Price Target 2024 | ₹302.75 |
| 2 | IRCON Share Price Target 2025 | ₹370.15 |
| 3 | IRCON Share Price Target 2026 | ₹459.05 |
| 4 | IRCON Share Price Target 2027 | ₹535.60 |
| 5 | IRCON Share Price Target 2028 | ₹685.30 |
| 6 | IRCON Share Price Target 2029 | ₹758.10 |
| 7 | IRCON Share Price Target 2030 | ₹829.00 |
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IRCON International Shareholding Pattern
| Particulars | Shareholding pattern |
| Promoters | 65.2% |
| Foreign Institutions (FII) | 4.2% |
| Domestic Institutions (DII) | 3.2% |
| Public | 27.5% |
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) |
*This financial Information is till 28-04-2024.
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FAQ
Q1. What is the future of IRCON?
Ans. IRCON Share Price Target has the potential to reach the price of ₹302.75 by the end of 2024.
Q2. What is the target price of IRCON stock in 2025?
Ans. The projected IRCON Share Price Target in 2025 is approximately ₹370.15.
Q3. What is the target price of IRCON stock in 2030?
Ans. The projected IRCON Share Price Target in 2030 is approximately ₹829.00.
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