Ircon Share Price Target 2030 expected RS. 999. Ircon International Limited, also called Indian Railway Construction Limited, is the most prestigious construction turnkey company that operates within the Ministry of Railways, Government of India. Since its inception in 1976, Ircon has completed more than 300 infrastructure construction projects in India as well as more than 100 worldwide. This blog explores the basics of Ircon and examines the price ranges of its shares from 2025 until 2030. It also provides insight for prospective investors.
CONTENTS AVAILABLE AT THIS PAGE
Ircon International Limited Quick Info.
| Company Name | Ircon International Limited |
| Founded | 27 April 1976 |
| Sector | Infrastructure & Construction |
| Headquarters | New Delhi, India |
| Market Cap | ₹11,500 Crores |
| Navratna Status | Granted in 2023 |
Overview of IRCON
Being a government-owned central enterprise, Ircon has a robust presence across various sectors of construction which include highways, railways bridges, building,s and flyovers. Ircon’s recent accomplishment of the status Navratna confers excellent market performance and the possibility of expansion.
Ircon was listed on the NSE and BSE in 2018. The table below shows its performance since listing:
| Time Frame | Returns of Ircon International Ltd |
|---|---|
| 1 Day | -3.40% |
| 1 Week | -2.63% |
| 1 Month | +15.13% |
| 1 Year | +271.47% |
| 5 Years | +700.18% |
| All-Time | +685.92% |
Related Read:- Happiest Minds Share Price Target 2030 From 2024
The projected share price of Ircon International Limited for the period 2030 will be around Rs999.90. The forecast is based on Ircon’s growth strategies as well as its strong presence in the market and the growing need for infrastructure-related projects. In the meantime, Ircon can continue to win large contracts as well as improve its overall financial performance, this goal will be a good indicator of the potential for strong expansion in the next few times.
The following table outlines the projected share price targets for Ircon from 2025 to 2030:
| Year | Target Price (₹) |
|---|---|
| 2025 | ₹466.43 |
| 2026 | ₹569.21 |
| 2027 | ₹654.00 |
| 2028 | ₹766.32 |
| 2029 | ₹877.90 |
| 2030 | ₹999.90 |
| 2035 | ₹1790.87 |
The shareholding structure of Ircon is as follows:
- Promoters: 65.17%
- Retail Investors: 27.76%
- Foreign Investors: 4.17%
- Domestic Institutions: 1.23%
- Mutual Funds: 1.67%
Conclusion:
Ircon International Limited is set for a significant expansion, specifically due to the latest developments and position as an official Navratna. The company’s outstanding business performance as well as its standing in the construction industry make it an attractive opportunity for buyers. As with any purchase, it is essential to stay informed about the latest developments in the market and any risks that could be posed.
FAQs:
The expected share price of Ircon in 2030 is approximately ₹999.90.
Navratna status signifies enhanced autonomy and recognition for the company’s performance and potential in the market.
Ircon’s share price has shown significant growth, with a return of +271.47% over the last year and +700.18% over the past five years.
