This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated IRB Infra share price target 2024 to 2030, and 2035 are shown below.
Overview
Infrastructure Developers Ltd. is an Indian highway development company, incorporated in 1998, headquartered in Mumbai, India. The company works in constructing roads and highways, including Build-Operate-Transfer (BOT) assignments. IRB Infra has achieved over 26 highway projects in 12 Indian states and 15500 Lane Kms under operations across India. The company listed its IPO (initial public offering) in 2008.
Table of Contents
IRB Infra Power share price target 2024 to 2030 and 2035
IRB Infra Share Price Targets are: 2024 – 78 to 84, 2025 – 120 to 133, 2026 – 155 to 171, 2027 – 210 to 133, 2028 – 279 to 298, 2029 – 315 to 366, 2030 – 392 to 445 and price forecasted 688 to 736 by 2035.
Year | First target | Second target |
2024 | 78 | 84 |
2025 | 120 | 133 |
2026 | 155 | 171 |
2027 | 210 | 255 |
2028 | 279 | 298 |
2029 | 315 | 366 |
2030 | 392 | 445 |
2035 | 688 | 736 |
IRB Infra share price target 2024
The NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) listed IRB Infra under the symbol IRB. The company’s closing share price as of September 27, 2024, was 62.90. It is not a fixed share price; fluctuation happens every second in the open market.
IRB Infra share price target 2024 is 78 as the first target and 84 as the second target
Month | First target | Second target |
August | 65 | 70.50 |
November | 58 | 67.30 |
December | 81 | 84 |
IRB Infra share price target 2025
IRB Infra works under various projects such as Build, Operate, and Transfer (BOT), TOT (Toll, Operate, and Transfer), Hybrid Annuity Model (HAM), O & M, Airport Infrastructure Project, etc. Some of the BOT and TOT projects are Karwar Kundapura Four Laning project on NH 17, Udaipur Shamlaji Six Laning project on NH 48 (Old NH 8), Kota Bypass NH76 and Gwalior Jhansi NH44 TOT Project, Yedeshi Aurangabad Four Laning project on NH 211, etc.
Projects under Operations & Management include those in the states of Maharashtra, Karnataka, Gujarat, Punjab, Rajasthan, Tamil Nadu, etc.
IRB Infra initial forecasted share value for the beginning of the year 2025 is 90. The semi-annual price forecast may rise to 120 in a positive market sentiment. The price at the end of the year is forecast at 120.
Month | First target | Second target |
January | 88 | 90 |
May | 92 | 95 |
September | 108 | 120 |
December | 122 | 133 |
IRB Infra share price target 2026
IRB also achieved various certifications for its work, such as ISO 14001:2015, ISO 9001, ISO 450001:2018, and ISO 27001:2022 from the ISOQAR, UK.
EBITDA grew by 6%, and Networth has grown by 19% YoY in the past 5 years. as well as toll collection increased by 14% in the past 5 years.
IRB Infra initial forecasted share value for the beginning of 2026 is 137. The semi-annual price forecast may rise to 155 in a positive market sentiment. The price at the end of the year is forecast at 171.
Month | First target | Second target |
January | 135 | 137 |
May | 149 | 155 |
September | 159 | 162 |
December | 168 | 171 |
IRB Infra share price target 2027
Revenue has grown by 22% YoY, and expenses grew by 25%. The company made profit after tax of Rs. 60581 lakhs in financial year 2024 compared to 72,001 lakhs in financial year 2023. Overall, the financials are good. Looking at these highlights, we may assume the share price target for IRB Infra 2027 is 175 at the beginning of the year, 210 at the middle of the year, and 255 at the end of the year.
Month | First target | Second target |
January | 175 | 179 |
May | 196 | 210 |
September | 220 | 233 |
December | 245 | 255 |
IRB Infra share price target 2028
IRB Infra share price target for 2028 is 264 at the start of the financial year. The price was forecast at 279 in the middle of the year with some price consolidation for some months, and the projected share price is 298 at the end of the year.
Month | First target | Second target |
January | 260 | 264 |
May | 269 | 273 |
September | 279 | 288 |
December | 290 | 298 |
IRB Infra share price target 2029
IRB Infra price in 2029 is expected to reach 315 to 366, with some consolidation zones. The initial forecasted share value for the beginning of the year is 308. The semi-annual price forecast may rise to 315 in a positive market sentiment. The price at the end of 2029 is forecast at 362 to 366.
Month | First target | Second target |
January | 305 | 308 |
May | 315 | 322 |
September | 345 | 350 |
December | 362 | 366 |
IRB Infra share price target 2030
The initial price target of IRB Infra is 374 at the beginning of the year 2030. The half-yearly price forecast can rise to 392 in a positive market situation. The price at the end of the year is forecast to 445.
Month | First target | Second target |
January | 371 | 374 |
May | 382 | 392 |
September | 395 | 401 |
December | 424 | 445 |
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IRB Infra share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of IRB Infra share price target of 2035 to be 688 at the beginning of the year, 700 at the middle of the year, and 736 at the end of the financial year.
What is IRB Infra?
IRB Infra is an Infrastructure Developers Ltd. private company in India. Incorporated in 1998, the corporate office is in Mumbai, India. The company’s core business is to develop and maintain roads and highways. Most companies generate revenue by receiving toll collections.
What is IRB Infra share price target for 2024?
IRB Infra share price target for 2024 is 450.80 as the first target and 605.10 as the second target.
What is IRB Infra share price target for 2025?
IRB Infra share price target for 2024 is 450.80 as the first target and 605.10 as the second target.
Conclusion
This article presents IRB Infra share price targets 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.