If you are planning to invest in IRCON share of Indian stock market, then this IRCON share price target article is for you,
In this article, our analysts have derived ircon international share target price based on NSE:IRCON fundamental, technical analysis etc.
General overview of Ircon International Ltd
IRCON International Limited is a government-owned engineering and construction company that operates in the infrastructure sector.
It was founded in 1976 and is headquartered in New Delhi, India. IRCON is known for its expertise in the construction of railway tracks, bridges, tunnels, and other infrastructure projects. The company has a strong presence in India and has also executed projects in over 20 countries around the globe.
The company has a strong presence in India and has also executed projects in over 20 countries around the globe.
In recent years, IRCON has seen a significant increase in its revenue and profits. The company has reported a consistent growth in its net profit for the past few years, with a net profit of INR 632 crore in the financial year 2020-21. This growth can be attributed to the strong demand for infrastructure development in India and the company’s successful execution of various projects.
This growth can be attributed to the strong demand for infrastructure development in India and the company’s successful execution of various projects.
IRCON is a well-established company with a strong track record in the infrastructure sector. It has a wide range of expertise and has completed a large number of successful projects across various sectors, including railways, highways, and power transmission. The company has a strong financial position, with a debt-equity ratio of 0.34 as of March 2021.
The company has a strong financial position, with a debt-equity ratio of 0.34 as of March 2021.
Despite the challenges posed by the COVID-19 pandemic, IRCON has continued to perform well and has won several new contracts in the past year. In April 2021, the company won a contract from the Ministry of Railways to construct a new railway line in the state of Bihar. This project is expected to boost IRCON’s revenue and profits in the coming years.
In April 2021, the company won a contract from the Ministry of Railways to construct a new railway line in the state of Bihar. This project is expected to boost IRCON’s revenue and profits in the coming years.
In terms of stock performance, IRCON’s shares have performed well in recent years. The company’s shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), and the stock has consistently traded above its face value of INR 10. As of December 2021, the company’s share price was INR 73.75, representing a market capitalization of INR 4,421 crore.
As of December 2021, the company’s share price was INR 73.75, representing a market capitalization of INR 4,421 crore.
Investors interested in IRCON’s stock may want to consider its financial performance and growth potential in the infrastructure sector. The company has a strong financial position and a track record of successful project execution, which could make it an attractive investment option. However,
The company has a strong financial position and a track record of successful project execution, which could make it an attractive investment option. However,
it is important to conduct thorough research and consider various factors before making any investment decisions.
In conclusion, IRCON is a government-owned engineering and construction company that operates in the infrastructure sector.
The company has a strong presence in India and has also executed projects in over 20 countries around the globe.
IRCON has reported a consistent growth in its net profit in recent years and has a strong financial position.
The company’s stock has performed well in recent years and could be an attractive investment option for those interested in the infrastructure sector. However, it is important to conduct thorough research and consider various factors before making any investment decisions.
IRCON International Limited is a public sector construction company, which mostly works on railway related projects.
The company is headquartered in Delhi and is an infrastructure and developer industry company engaged in railway projects, among other ancillary activities.
You will also find IRCON share target prices on other websites, youtube channels etc. These targets are far from reality,
You should know that many stocks have lower circuit and upper circuit, due to which their price does not go up and down much.
Here you will see the correct target price of NSE: IRCON through the table, which will be very close to the actual figure,
IRCON share price target 2023
IRCON share target for 2023 with a minimum of Rs 67.89 based on our experts’ analysis. Max target price 89.75 INR. And the average share price target will be seen at 50 INR,
IRCON share price target 2024
If we talk about 2024, then IRCON share price target can be seen around 95.63 INR, by the end of 2024 IRCON share price target average will be seen around 120.45 INR,
IRCON share target 2025
Based on technical analysis, IRCON share price is estimated to be around INR 134.60 to INR 147.85 in 2025.
ircon international share price target
2026 ircon target price
Target 1 price – $154.98
Target 2 price – $189.68
2027 ircon share target
Target 1 price – $192.40
Target 2 price – $236.70
2028 ircon international limited share target
Target 1 price – $248.96
Target 2 price – $273.78
2029 ircon target
Target 1 price – $297.60
Target 2 price – $352.86
IRCON share price target 2030
As per technical analysis, market trends, financial fundamentals etc., IRCON shares can have a minimum target price of Rs 390.35 in 2030, and a maximum IRCON share price target of Rs 460.65 in 2030.
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The company undertakes all works related to railways, including construction of bridges and works related to infrastructure.
In the future, you will see an increase in the IRCON stocks price, which can be seen near and near our mentioned target price,
Here we have given the IRCON share price target so that you can get an idea what the target price of this company will be in future.
IRCON share price target 2040
If we talk about the share price prediction of IRCON, then in 2040, the share price of IRCON can be seen around Rs 792.49 to Rs 857.50.
Final word
The IRCON share price target data provided here is for educational purposes only, before buying and selling IRCON shares, you should consult your financial advisor and invest, for more details read website disclaimer,
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