IRCON Share Price Forecast 2024, 2025, 2030, 2040

IRCON International is a leading engineering and construction company in the infrastructure sector. It has diverse projects, including highways, railways, and bridges.

IRCON, known as Ircon International Limited, is an Indian public-sector engineering and construction company. Established in 1976, it specializes in constructing infrastructure projects, including railways, highways, bridges, etc. IRCON is known for its expertise in executing large-scale projects in India and internationally.
The company has a significant presence with numerous project offices in India and abroad. Its headquarters are located in New Delhi, India. IRCON has undertaken various projects globally, contributing to transportation and infrastructure development.

Today, I will discuss the fundamentals of Ircon International and provide a price forecast for the coming years.

Fundamentals of IRCON International

Stock Name	Ircon Internationa
Market Cap	13,745 CR.
PE	17
EPS	8.59
FV	2
Book Value	47

Let’s start by looking at some of the critical fundamentals of Ircon International. The company’s PE ratio is 11.51, and the market cap is $1.14 billion. The company’s FV is Rs 28.46, and its EPS is Rs 12.53. The company’s earnings for the last three years have steadily increased, with a growth rate of 18.85%.

IRCON International Share Holding Pattern

Here is the shareholding pattern of Ircon International in a table form:

Category	Shareholding	Percentage
Promoters	2,299,178	73.18%
Institutions FII	244,345	5.17%
General Public	20,477	20.79%
DII	7,500	1.29%
Total	2,571,500	100.00%

Strengths and Weaknesses of IRCON International

Here are some of the strengths and weaknesses of Ircon International in bullet form:

Strengths:

• Strong financial position
• Diversified portfolio of projects
• Experienced management team
• Strong relationships with clients and stakeholders
• Focus on innovation and technology

Weaknesses:

• Dependence on government contracts
• Vulnerability to economic downturns
• Slow decision-making process
• Limited presence in international markets

Ircon International Share Price Prediction

Now, let’s look at the share price prediction for Ircon International in the coming years.

Year	Share Price Prediction (Rs)
2023	199.23
2024	265.15
2025	371.16
2028	592.56
2030	1000.02
2040	1855.38

As you can see, the share price of Ircon International is predicted to increase steadily over the coming years. By 2040, the share price is expected to reach 1855.38 Rs, a significant increase from the current share price.

Conclusion

In conclusion, Ircon International is a robust and reliable company with a bright future. Its diversified portfolio of projects and experienced management team make it an attractive investment opportunity. While some weaknesses exist, the company’s strong financial position and focus on innovation and technology make it a sound investment. The share price is predicted to increase steadily over the coming years, providing investors with an excellent opportunity for growth.