Are you interested in knowing the Ircon share price target? Ircon is a strong PSU stock that has given a huge return of 800% from its low to high — making it a real multibagger!
In today’s blog, I will provide you with information about Ircon share price target from 2025 to 2050. Along with that, you will also get details about Ircon company, its financial information, future prediction factors, and many more insights. So let’s learn about Ircon company.
About IRCON
Ircon International Limited was established on April 28, 1976. It is a Navratna PSU company that specializes in railway and infrastructure development. The company undertakes projects in India, including railways, metro systems, roads, bridges, tunnels, and power projects. Additionally, Ircon is involved in infrastructure projects in countries like Malaysia, Bangladesh, Nepal, and Sri Lanka.
Apart from this, the company is actively working on major projects in India, such as bullet trains, metro projects, and highway expansions. Being a government-backed company, it is considered one of the strongest infrastructure companies.
IRCON Financial Information
| Metric | Value |
|---|---|
| Market Cap | ₹14,717 Cr |
| Stock PE | 19.3 |
| Industry PE | 19.6 |
| ROCE | 18.2% |
| ROE | 16.4% |
| EPS | ₹8.12 |
| Debt to Equity | 0.55 |
| Debt | ₹3,385 Cr |
| Dividend Yield | 1.98% |
| Book Value | ₹65.7 |
| Face Value | ₹2.0 |
| Sales | ₹12,331 Cr |
| 1 Year Sales Growth | 18.94% |
| Profit Before Tax | ₹1,261 Cr |
| 1 Year Profit Growth | 41.6% |
Positive Points:
- Strong PSU backing: IRCON is a government company under the Ministry of Railways.
- Excellent profit & sales growth: The company has shown strong financial performance.
- Good ROCE & ROE: Capital and shareholders’ money are being used efficiently.
- Attractive dividend yield: Investors benefit from stable dividend payouts.
Negative Points:
- Moderate debt level: While the company has some debt, it is common for infrastructure companies.
Overall, IRCON’s fundamentals are very strong. If the company maintains its financial performance, its share price has the potential for significant growth.
IRCON Share Price History
| Time Period | Return |
|---|---|
| 1 Month | 10.12% |
| 6 Months | -31.56% |
| 1 Year | -31.34% |
| 5 Year | 243.39% |
| All Time Return | 275.63% |
IRCON share price is currently at ₹156.48, and looking at its price history, it is evident that the stock is in a recovery phase. However, some volatility can be expected. If the support levels hold, the recovery may sustain.
Over the past five years and in terms of all-time returns, the company has delivered impressive growth. With the expansion of infrastructure and railway projects, the stock’s long-term outlook appears strong.
So, let’s explore IRCON’s share price target in detail.
IRCON Share Price Target 2025
After conducting a technical analysis, IRCON share price target for 2025 is predicted to be between a minimum of ₹162 and a maximum of ₹220. The current share price is ₹156, while its 52-week high is ₹351.80. The stock has been in a downtrend for the past six months, but now an uptrend is emerging.
If the company reports strong financial results, the stock could witness a strong uptrend, further boosting investor confidence.
| Month | Price Target |
|---|---|
| January 2025 | ₹218.76 |
| February 2025 | ₹167.27 |
| March 2025 | ₹172.55 |
| April 2025 | ₹177.82 |
| May 2025 | ₹183.09 |
| June 2025 | ₹188.36 |
| July 2025 | ₹193.64 |
| August 2025 | ₹198.91 |
| September 2025 | ₹204.18 |
| October 2025 | ₹209.45 |
| November 2025 | ₹214.73 |
| December 2025 | ₹220.00 |
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IRCON Share Price Target 2026
After analyzing IRCON fundamentals, market trends, and India’s infrastructure growth, the IRCON share price target for 2026 is expected to be in the range of ₹236 to ₹288.
In 2025, the stock experienced a correction, but if the fundamentals improve, IRCON could enter a strong uptrend in the coming years.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹236.00 | ₹244.00 |
| February | ₹240.59 | ₹250.00 |
| March | ₹245.00 | ₹256.00 |
| April | ₹250.00 | ₹262.00 |
| May | ₹255.50 | ₹267.50 |
| June | ₹260.75 | ₹273.25 |
| July | ₹266.30 | ₹278.80 |
| August | ₹271.85 | ₹282.90 |
| September | ₹277.40 | ₹285.75 |
| October | ₹272.95 | ₹279.50 |
| November | ₹278.00 | ₹284.89 |
| December | ₹280.90 | ₹288.00 |
IRCON Share Price Target 2027
For 2027, the IRCON share price target is predicted to range between ₹313 (minimum) and ₹361 (maximum). As of September 2024, IRCON’s order book stood at ₹24,253 crore, which includes:
- Railways: ₹18,959 crore
- Highways: ₹5,210 crore
- Others: ₹82 crore
The company is receiving orders greater than its market capitalization, which is a highly positive sign for its future growth.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹313.00 | ₹320.00 |
| February | ₹316.75 | ₹325.00 |
| March | ₹320.50 | ₹330.00 |
| April | ₹325.00 | ₹335.50 |
| May | ₹330.00 | ₹341.00 |
| June | ₹335.25 | ₹346.75 |
| July | ₹340.50 | ₹352.50 |
| August | ₹346.00 | ₹357.00 |
| September | ₹350.75 | ₹359.00 |
| October | ₹351.25 | ₹357.00 |
| November | ₹347.50 | ₹352.80 |
| December | ₹356.00 | ₹361.00 |
IRCON Share Price Target 2028
Many market experts believe that the IRCON share price target for 2028 could range between ₹427 (minimum) and ₹519 (maximum).
The company is also securing international projects along with domestic railway and road construction contracts. These factors play a crucial role in boosting IRCON’s revenue growth.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹427.00 | ₹436.00 |
| February | ₹432.50 | ₹443.00 |
| March | ₹438.00 | ₹450.00 |
| April | ₹444.00 | ₹457.00 |
| May | ₹450.50 | ₹464.50 |
| June | ₹457.00 | ₹472.00 |
| July | ₹464.00 | ₹479.50 |
| August | ₹471.00 | ₹486.00 |
| September | ₹478.00 | ₹492.50 |
| October | ₹485.00 | ₹500.00 |
| November | ₹492.50 | ₹510.00 |
| December | ₹500.00 | ₹519.00 |
IRCON Share Price Target 2029
If IRCON maintains strong revenue growth, profitability, and efficient project execution, its share price target for 2029 could range between ₹584 (minimum) and ₹632 (maximum).
The Government of India is currently making heavy investments in railway electrification, high-speed rail, and metro projects. This is expected to significantly increase IRCON’s order book in the coming years, further strengthening its growth potential.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹584.00 | ₹590.00 |
| February | ₹587.50 | ₹594.50 |
| March | ₹591.00 | ₹599.00 |
| April | ₹595.00 | ₹603.50 |
| May | ₹599.50 | ₹608.00 |
| June | ₹604.00 | ₹612.50 |
| July | ₹608.50 | ₹617.00 |
| August | ₹613.00 | ₹621.00 |
| September | ₹617.50 | ₹625.00 |
| October | ₹622.00 | ₹628.00 |
| November | ₹626.00 | ₹630.50 |
| December | ₹630.00 | ₹632.00 |
IRCON Share Price Target 2030
IRCON share price target for 2030 is expected to range between a minimum of ₹742 and a maximum of ₹821. The company has successfully completed 128 international projects across 25+ countries and over 400 infrastructure projects in India. By 2030, IRCON is likely to have completed several more projects, further enhancing its growth potential and positively impacting its share value.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹742.00 | ₹750.00 |
| February | ₹747.00 | ₹757.00 |
| March | ₹752.50 | ₹764.00 |
| April | ₹758.00 | ₹771.00 |
| May | ₹764.00 | ₹778.00 |
| June | ₹770.00 | ₹785.00 |
| July | ₹776.00 | ₹792.00 |
| August | ₹782.50 | ₹798.50 |
| September | ₹789.00 | ₹804.50 |
| October | ₹795.50 | ₹810.00 |
| November | ₹801.50 | ₹816.00 |
| December | ₹808.00 | ₹821.00 |
IRCON Share Price Target 2035
Considering the long-term growth potential, IRCON share price target for 2035 is expected to range between a minimum of ₹1,318 and a maximum of ₹1,572.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹1,318.00 | ₹1,343.00 |
| February | ₹1,331.50 | ₹1,367.00 |
| March | ₹1,345.00 | ₹1,391.00 |
| April | ₹1,359.00 | ₹1,414.00 |
| May | ₹1,373.50 | ₹1,437.00 |
| June | ₹1,388.00 | ₹1,459.00 |
| July | ₹1,403.00 | ₹1,480.00 |
| August | ₹1,418.00 | ₹1,500.00 |
| September | ₹1,433.00 | ₹1,520.00 |
| October | ₹1,448.00 | ₹1,538.00 |
| November | ₹1,462.00 | ₹1,555.00 |
| December | ₹1,476.00 | ₹1,572.00 |
IRCON Share Price Target 2040
According to market experts, IRCON share price target for 2040 is predicted to range between a minimum of ₹2,315 and a maximum of ₹2,581. The company is actively working in countries like Bangladesh, Sri Lanka, Algeria, Malaysia, and Myanmar.
In the future, IRCON is also expected to expand its operations into hydropower and solar power projects, further strengthening its growth prospects.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹2,315.00 | ₹2,342.00 |
| February | ₹2,327.50 | ₹2,363.00 |
| March | ₹2,340.00 | ₹2,384.00 |
| April | ₹2,353.00 | ₹2,405.00 |
| May | ₹2,366.50 | ₹2,426.00 |
| June | ₹2,380.00 | ₹2,447.00 |
| July | ₹2,394.00 | ₹2,467.00 |
| August | ₹2,408.00 | ₹2,486.00 |
| September | ₹2,422.00 | ₹2,504.00 |
| October | ₹2,436.00 | ₹2,521.00 |
| November | ₹2,450.00 | ₹2,547.00 |
| December | ₹2,464.00 | ₹2,581.00 |
IRCON Share Price Target 2045
IRCON share price target for 2045 is predicted to range between a minimum of ₹3,861 and a maximum of ₹4,231. By 2045, the company is expected to have successfully completed major projects such as high-speed rail (bullet trains), metro networks, and railway electrification.
These developments could significantly boost IRCON’s growth and positively impact its share price.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹3,861.00 | ₹3,896.00 |
| February | ₹3,880.00 | ₹3,926.00 |
| March | ₹3,899.00 | ₹3,956.00 |
| April | ₹3,918.00 | ₹3,986.00 |
| May | ₹3,937.00 | ₹4,015.00 |
| June | ₹3,956.00 | ₹4,045.00 |
| July | ₹3,975.00 | ₹4,074.00 |
| August | ₹3,994.00 | ₹4,102.00 |
| September | ₹4,013.00 | ₹4,129.00 |
| October | ₹4,032.00 | ₹4,155.00 |
| November | ₹4,051.00 | ₹4,190.00 |
| December | ₹4,070.00 | ₹4,231.00 |
IRCON Share Price Target 2050
Market experts believe that by 2050, IRCON share price target could range from a minimum of ₹5,342 to a maximum of ₹5,763. Over the next 25 years, IRCON is expected to grow significantly and become a much larger company.
Currently holding Navratna status, IRCON has the potential to achieve Maharatna status in the future, which could further strengthen its position and transform it into a large-cap stock.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | ₹5,342.00 | ₹5,377.00 |
| February | ₹5,361.00 | ₹5,405.00 |
| March | ₹5,380.00 | ₹5,433.00 |
| April | ₹5,399.00 | ₹5,461.00 |
| May | ₹5,418.00 | ₹5,489.00 |
| June | ₹5,437.00 | ₹5,517.00 |
| July | ₹5,456.00 | ₹5,545.00 |
| August | ₹5,475.00 | ₹5,571.00 |
| September | ₹5,494.00 | ₹5,595.00 |
| October | ₹5,513.00 | ₹5,618.00 |
| November | ₹5,532.00 | ₹5,642.00 |
| December | ₹5,551.00 | ₹5,763.00 |
Summary Of IRCON Share Price Target 2025-2050:
| Year | Target Price Range |
|---|---|
| 2025 | ₹162 – ₹220 |
| 2026 | ₹236 – ₹288 |
| 2027 | ₹313 – ₹361 |
| 2028 | ₹427 – ₹519 |
| 2029 | ₹584 – ₹632 |
| 2030 | ₹742 – ₹821 |
| 2035 | ₹1,318 – ₹1,572 |
| 2040 | ₹2,315 – ₹2,581 |
| 2045 | ₹3,861 – ₹4,231 |
| 2050 | ₹5,342 – ₹5,763 |
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IRCON International – Bullish & Bearish Cases
Bullish Cases (Reasons for Growth)
- Strong Order Book: IRCON International Ltd has been receiving a strong order book. As of June 30, 2024, the company had an order book of ₹26,034 crore, whereas in March 2024, it was ₹27,208 crore, indicating a slight reduction in orders.
- Government Support: IRCON operates under the government, which provides significant benefits, such as securing new projects and receiving government funding, ensuring financial stability.
- Railway Expansion: The Indian government is actively working on railway expansion, benefiting companies like IRCON with projects such as high-speed rail and metro networks.
Bearish Cases (Risks & Challenges)
- Dependence on Government Projects: IRCON International Ltd heavily relies on government contracts. Any policy changes, budget cuts, or funding delays can impact the company’s growth.
- Competition from Private Players: The infrastructure sector has major competitors like L&T and other private players, which may reduce IRCON’s market share and profitability.
- Stock Volatility: As a public sector enterprise, IRCON’s stock price can be affected by government policy changes or disinvestment news, leading to fluctuations.
IRCON Technical Analysis
IRCON Shareholding Pattern
| Date | Promoters | FIIs | DIIs | Government | Public |
|---|---|---|---|---|---|
| Mar 2019 | 89.18% | 0.28% | 4.95% | 0.00% | 5.58% |
| Mar 2020 | 89.18% | 0.20% | 2.88% | 0.00% | 7.73% |
| Mar 2021 | 73.18% | 1.59% | 0.34% | 0.00% | 24.89% |
| Mar 2022 | 73.18% | 2.23% | 1.00% | 0.00% | 23.58% |
| Mar 2023 | 73.18% | 3.99% | 1.87% | 0.26% | 20.71% |
| Mar 2024 | 65.17% | 4.58% | 1.31% | 0.26% | 28.66% |
| Dec 2024 | 65.17% | 4.09% | 1.44% | 0.28% | 29.03% |
In IRCON’s shareholding pattern, promoter holding has been decreasing, but FIIs (Foreign Institutional Investors) are increasing their stake. Initially, DIIs (Domestic Institutional Investors) had significantly reduced their holdings, but now they are also increasing their stake, which is a highly positive sign.
However, the number of retail investors in the company has increased. Due to the recent market downturn, the stock has declined by 50% from its peak, indicating that a large number of retail investors have sold their shares.
As of now, the shareholding pattern for March 2025 has not been released. However, the stock is currently presenting a good opportunity. Let’s analyze it further.
Is IRCON a Good Stock to Buy?
Yes, IRCON is a good stock, and currently, it has seen a 50% decline. In the stock market, buying during a small crash is considered a good strategy because stocks often have a high chance of delivering strong returns afterward.
IRCON is a midcap stock, which is considered moderately safe. The company’s sales and profit growth are progressing well, and its order book exceeds its market cap of ₹14,717 crore. As of September 2024, the company had an order book of ₹24,253 crore.
Overall, the RSI is around 46, indicating that the stock is undervalued. The company’s fundamentals are strong, and investing in a government-backed company is generally considered safe. However, before investing, conduct your own research or consult a financial advisor.
Conclusion
So now you must have understood the IRCON share price target from 2025 to 2050. The company still has a lot of growth potential because its order book is strong, and one key advantage of PSU stocks is that they don’t face financial difficulties.
Currently, the company’s fundamentals and technicals are strong. If it continues to grow at this pace in the future, the stock can witness significant growth. Moreover, if the government announces any positive news related to the railway sector, all railway stocks, including IRCON, could see a sharp rise.
Disclaimer: We are not SEBI-registered advisors. The information on this website is only for learning and should not be taken as financial or investment advice. The stock market has risks, so always do your own research or talk to a financial expert before investing. All Target Price and its team are not responsible for any loss caused by the information on this website.
FAQs About IRCON Share Price Target
What is the long term target of IRCON share?
According to technical analysis, IRCON’s long-term target share price can reach up to ₹361.
What is the share price of IRCON in 2030?
In 2030, IRCON’s share price is predicted to reach up to ₹821.
What is the target of IRCON in 2040?
In 2040, IRCON’s target price is expected to reach up to ₹2,581.
What is the share price target for IRCON in 2050?
In 2050, IRCON’s share price target is predicted to range between ₹5,342 and ₹5,763.
Is IRCON a debt free company?
No, IRCON is not a debt-free company. It has a debt of ₹3,385 crore, with a debt-to-equity ratio of 0.55.
Is IRCON a government company?
Yes, IRCON is a government company that operates under the Central Government (Ministry of Railways).
Hi, my name is Harsh Yadav, and I welcome you to All Target Price (alltargetprice.com). On this website, research and analysis-based share price targets are created, meaning they are predicted, and we have 7 years of experience in the share market.
