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.|
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:
Strengths and Weaknesses of IRCON International
Here are some of the strengths and weaknesses of Ircon International in bullet form:
- Strong financial position
- Diversified portfolio of projects
- Experienced management team
- Strong relationships with clients and stakeholders
- Focus on innovation and technology
- 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)|
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.
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.
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