This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Ircon share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Ircon International Limited.
Headquarters: New Delhi, India
Founded: 1976
Industry: Infrastructure
Ircon International Ltd. is a Indian construction and development company, originally inaugurated for Indian Railways development, incorporated in 1976 in the Indian Railway Construction Company Ltd., it is headquartered in New Delhi, India. Tough the company specially involved in Railways and highway construction, it works in end to end infrastructure development development accross verious regions of India and in other countries as Nepal, Bangladesh, Malaysia, Mozambique, Ethiopia, UK etc.
Table of Contents
Ircon share price target 2024 to 2030 and 2035
Ircon Share Price Targets are: 2024 – 175 to 225, 2025 – 341 to 496, 2026 – 526 to 725, 2027 – 811 to 962, 2028 – 1014 to 1196, 2029 – 1284 to 1477, 2030 – 1612 to 1762 and price forecasted 3169 to 3851 by 2035.
| Year | First target | Second target |
| 2024 | 175 | 225 |
| 2025 | 341 | 496 |
| 2026 | 526 | 725 |
| 2027 | 811 | 962 |
| 2028 | 1014 | 1196 |
| 2029 | 1284 | 1477 |
| 2030 | 1612 | 1762 |
| 2035 | 3169 | 3851 |
Ircon share price target 2024
The NSE and BSE listed Ircon International Ltd. under the symbol IRCON as of 28 September 2018. The company’s closing share price as of November 22, 2024, was 188. It is not a fixed share price; fluctuation happens every second in the open market.
Ircon share price target 2024 is 175 as the first target and 225 as the second target
| Month | First target | Second target |
| August | 220 | 253 |
| November | 175 | 201 |
| December | 205 | 225 |
Ircon share price target 2025
The company works on various domestic and international projects for Railways, Highways, Electrical, Mechanical, Signaling, Telecom, Bridge, buildings etc. it constructs tunnels, railway tracks, bridges and electrifications, highways, and also signaling & communication projects for railways and non railways worldwide. The firm is expanded into the aviation sector as well.
The company’s initial forecasted share value for the beginning of the year 2025 is 326. The semi-annual price forecast may rise to 341 in a positive market sentiment. The price at the end of the year is forecast at 496.
| Month | First target | Second target |
| January | 323 | 326 |
| May | 341 | 375 |
| September | 389 | 405 |
| December | 425 | 496 |
Ircon Industries share price target 2026
Ircon initial forecasted share value for the beginning of 2026 is 505. The semi-annual price forecast may rise to 526 in a positive market sentiment. The price at the end of the year is forecast at 725.
| Month | First target | Second target |
| January | 495 | 505 |
| May | 511 | 526 |
| September | 544 | 581 |
| December | 675 | 725 |
Ircon Industries share price target 2027
Revenue has grown by 20% YoY, and expenses rose by 19%. The company made profit after tax of Rs. 863 crore in the financial year 2024 compared to 777 crore in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the share price target for Ircon 2027 is 785 at the beginning, 811 at the middle of the year, and 962 at the end of the year.
| Month | First target | Second target |
| January | 735 | 785 |
| May | 792 | 808 |
| September | 811 | 873 |
| December | 986 | 962 |
Ircon Industries share price target 2028
Ircon Industries share price target for 2028 is 998 at the start of the financial year. The price was forecast at 1044 in the middle of the year with some price consolidation for some months, and the projected share price is 1196 at the end of the year.
| Month | First target | Second target |
| January | 975 | 998 |
| May | 1002 | 1014 |
| September | 1044 | 1081 |
| December | 1125 | 1196 |
Ircon Industries share price target 2029
Ircon industries price in 2029 is expected to reach 1284 to 1477, with some consolidation zones. The initial forecasted share value for the beginning of the year is 1202. The semi-annual price forecast may rise to 1284 in a positive market sentiment. The price at the end of 2029 is forecast at 1405 to 1477.
| Month | First target | Second target |
| January | 1185 | 1202 |
| May | 1225 | 1272 |
| September | 1284 | 1326 |
| December | 1405 | 1477 |
Ircon Industries share price target 2030
The initial price target of Ircon industries. is 1505 at the beginning of the year 2030. The half-yearly price forecast can rise to 1612 in a positive market situation. The price at the end of 2030 is forecast to 1762.
| Month | First target | Second target |
| January | 1485 | 1505 |
| May | 1555 | 1583 |
| September | 1612 | 1653 |
| December | 1710 | 1762 |
Also read IEX share price target
Ircon Industries 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 Ircon industries share price target of 2035 to be 3169 at the beginning of the year, 3345 at the middle of the year, and 3851 at the end of the financial year.
What is Ircon?
Ircon International Ltd. is a construction company, incorporated in 1976 by Central Government of India. The organization works in infrastructure development projects for Railways and non Railways.
What is Ircon share price target for 2024?
Ircon share price target for 2024 is 175 as the first target and 225 as the second target.
What is Ircon share price target for 2025?
Ircon share price target for 2025 is 341 as the first target and 496 as the second target.
Conclusion
This article presents Ircon share price targets from 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.