Expected IRCON Share Price Target 2030 | Fundamental and Technical Analysis

IRCON(IRCON International Limited) is a PSU established in 1976 as a railway construction company. IRCON have diversified it’s business since 1985 and involved in integrated engineering and construction of various highways, railway bridges and other Infra projects. We are going to understand IRCON share price target 2030 with the help of machine learnings and fundamental analysis.

Shareholding Pattern

We have reviewed all financials data on screener website. You can visit and review all details. As below showing major stake holding Government of India 65.17%. FIIs and DIIs also increased their stake.

IRCON dealing with products:

Railway Bridges:

All data are gathered from official website of IRCON.

Railway Tracks

Highways

Railway Coaches Factory

Aviation Runways

Buildings

Also Read: Tata Steel Share Price Target

Fundamental Analysis of IRCON Share:

IRCON have given good sales growth in 2024 as compare to PY 2023. Profit also grown accordingly. Company ROE and ROCE are 16.8% and 18.5% are decent as compare to peers company results. IRCON current ratio are 1.68 is decent as nature of business. IRCON stock PE trading at 26 which is almost same as industry PE which is 25.3. Company Interest coverage ratio are also favorable.

[table “17” not found /]

IRCON Balance Sheet analysis

Balance sheet of the company is decent and debt are under controlled and as more than that cash equivalent assets are having by the company. Company also given good dividends to it’s shareholders. Company reserves are increasing continuously.

[table “19” not found /]

IRCON Profit and Loss Account Analysis:

IRCON company sales are growing continuously YOY basis however in June 2024 quarter sales are decreased approx. 17% as compare to June 2023 quarter. However as per projected sales of IRCON company yearly sales shown are growing YOY basis. You can check projection sales for on IRCON official website.

[table “18” not found /]

Analysis of IRCON compound Sales and Profit Growth:

Company given good sales and profit growth in last 3 years to it’s shareholders. In future it is also expecting the same to grow with more than 33% sales and 34% profit so that stock prices also can move above accordingly.

Analysis of IRCON stock price CAGR and Return on Equity:

Since IRCON was earlier under valued hence sudden jump we have seen in the stock. Stock CAGR is 166% in last 1 year which is tremendously. Stock also increased due to government have announced railway tracks a separate corridor for India. Since in the market some of companies like RVNL, IRCON who will be assigned these contracts that also influence stock price very high. ROE of the company in last 3 years and 1 year is 15% and 17% is decent.

IRCON Share Technical analysis

As you can see in below chart of the IRCON share prices sudden increased from 2023 and achieved top price of Rs.352 later fallen and currently trading at Rs.267 (In Aug 2024). Since company is showing growth potential hence prices could be increase in future subject to sales and profit will grow and government allot work to them. With the help of technical we will find out IRCON share price target 2030.

Also Read: IRFC Share Price Target

IRCON Share Price Target 2030 as per above analysis

We are going to understand IRCON Share price target 2030 and more with the help of above analysis. Since it is very difficult to figure out future share prices but with the help of above fundamental analysis and machine learning future prices will be predicted.

IRCON Share Price Target 2024-2025

Month	Expected Share Price
IRCON share price Target Sept 2024	Rs.275
IRCON share price Target Oct 2024	Rs.286
IRCON share price Target Nov 2024	Rs.277
IRCON share price Target Dec 2024	Rs.289
IRCON share price Target Jan 2025	Rs.265
IRCON share price Target Feb 2025	Rs.269
IRCON share price Target March 2025	Rs.281
IRCON share price Target April 2025	Rs.299
IRCON share price Target May 2025	Rs.317
IRCON share price Target June 2025	Rs.328
IRCON share price Target July 2025	Rs.335
IRCON share price Target July 2025	Rs.349
IRCON share price Target Aug 2025	Rs.334
IRCON share price Target Sept 2025	Rs.333
IRCON share price Target Oct 2025	Rs.321
IRCON share price Target Nov 2025	Rs.315
IRCON share price Target Dec 2025	Rs.327

IRCON Share Price Target for Year 2026

Months	Expected Price
IRCON share price Target Jan 2026	Rs.338
IRCON share price Target Feb 2026	Rs.345
IRCON share price Target March 2026	Rs.366
IRCON share price Target April 2026	Rs.369
IRCON share price Target May 2026	Rs.349
IRCON share price Target June 2026	Rs.358
IRCON share price Target July 2026	Rs.345
IRCON share price Target July 2026	Rs.349
IRCON share price Target Aug 2026	Rs.334
IRCON share price Target Sept 2026	Rs.333
IRCON share price Target Oct 2026	Rs.343
IRCON share price Target Nov 2026	Rs.351
IRCON share price Target Dec 2026	Rs.361

IRCON Share Price Target for Year 2027

Months	Expected Price
IRCON share price Target Jan 2027	Rs.365
IRCON share price Target Feb 2027	Rs.375
IRCON share price Target March 2027	Rs.371
IRCON share price Target April 2027	Rs.382
IRCON share price Target May 2027	Rs.389
IRCON share price Target June 2027	Rs.394
IRCON share price Target July 2027	Rs.398
IRCON share price Target July 2027	Rs.384
IRCON share price Target Aug 2027	Rs.381
IRCON share price Target Sept 2027	Rs.388
IRCON share price Target Oct 2027	Rs.392
IRCON share price Target Nov 2027	Rs.396
IRCON share price Target Dec 2027	Rs.405

IRCON Share Price Target for Year 2028, 2029, 2030

Months	Expected Price
IRCON share price Target Dec 2028	Rs.445
IRCON share price Target Dec 2029	Rs.489
IRCON share price Target Jan 2030	Rs.498
IRCON share price Target Feb 2030	Rs.505
IRCON share price Target March 2030	Rs.512
IRCON share price Target April 2030	Rs.523
IRCON share price Target May 2030	Rs.538
IRCON share price Target June 2030	Rs.529
IRCON share price Target July 2030	Rs.518
IRCON share price Target July 2030	Rs.507
IRCON share price Target Aug 2030	Rs.514
IRCON share price Target Sept 2030	Rs.535
IRCON share price Target Oct 2030	Rs.545
IRCON share price Target Nov 2030	Rs.543
IRCON share price Target Dec 2030	Rs.551

Also Read: Renuka Sugar Share Price Target

Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.

FAQ’s of IRCON Share