Ircon Share Price: Current Price, Analysis, and Forecast
Ircon International share price is currently trading at ₹[price]. Learn about the company's financial performance, analyst
Article Body:
Ircon International is a leading Indian infrastructure company with a focus on railway construction and engineering. The company has a strong track record of execution and has been involved in some of the most iconic railway projects in India, such as the Delhi-Mumbai Industrial Corridor and the Dedicated Freight Corridor.
Ircon shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company's share price has been on a steady rise in recent years, driven by strong financial performance and a favorable outlook for the Indian infrastructure sector.
Current Ircon Share Price
Ircon International
- ₹145.90
- -4.85 (3.22%)1D
- NSE
- 1D
- 1W
- 1M
- 1Y
- 5Y
- All
- Overview
- Events
- News
- Performance
- Today's Low
- 145.00
- Today's High
- 152.15
- 52 Week Low
- 38.60
- 52 Week High
- 174.45
- Open Price
- 151.65
- Prev. Close
- 150.75
- Volume
- 1,56,68,406
- Fundamentals
- Mkt Cap
- ₹14,169Cr
- ROE
- 12.34%
- P/E Ratio(TTM)
- 17.54
- EPS(TTM)
- 8.59
- P/B Ratio
- 2.72
- Div Yield
- 1.99%
- Industry P/E
- 30.37
- Book Value
- 55.41
- Debt to Equity
- 0.29
- Face Value
- 2
- Understand Fundamentals
Ircon International Share Price
145.90
-4.85 (-3.21%)
NSE
Closed
As On: 15 Sep, 2023, 03:59 PM IST
Sector: Construction
Industry: Construction & Eng...
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Open
151.65
High
152.15
Low
145.00
Prev Close
150.75
Volume
1,56,68,406
VWAP(₹)
146.87
Ircon Intl. Share Price Insights
Rank 230 - ET 500
- 2022 RANKING
- We don’t have any Insights for this stock currently.
- As of [date], Ircon shares are trading at ₹[price]. The company's share price has gained over 20% in the past year and is currently trading at a premium to its peers.
- Ircon Share Price Analysis
- There are several factors that are driving Ircon's share price higher. First, the company is benefiting from the government's focus on infrastructure development. The Indian government has announced a number of ambitious infrastructure projects in recent years, and Ircon is well-positioned to capitalize on this demand.
- Second, Ircon has a strong track record of execution. The company has successfully completed many complex railway projects on time and within budget. This has helped to build investor confidence in the company's ability to deliver on its projects.
- Third, Ircon is benefiting from the rising demand for railway transportation in India. As the Indian economy grows, more and more people are using railways to travel and transport goods. This is leading to increased demand for railway infrastructure, which is benefiting Ircon.
- Ircon Share Price Forecast
- Analysts are bullish on Ircon's stock outlook. They believe that the company is well-positioned to benefit from the government's focus on infrastructure development and the rising demand for railway transportation in India.
- According to a recent report by [research firm], Ircon shares are expected to outperform the market in the coming years. The report estimates that Ircon's share price could reach ₹[price] in the next five years.
- Factors Driving Ircon Share Price
- The following factors are likely to drive Ircon's share price higher in the coming years:
- Government focus on infrastructure development: The Indian government has announced a number of ambitious infrastructure projects in recent years, and Ircon is well-positioned to capitalize on this demand.
- Strong track record of execution: Ircon has a strong track record of successfully completing complex railway projects on time and within budget. This has helped to build investor confidence in the company's ability to deliver on its projects.
- Rising demand for railway transportation: As the Indian economy grows, more and more people are using railways to travel and transport goods. This is leading to increased demand for railway infrastructure, which is benefiting Ircon.
- Analyst Recommendations for Ircon Stock
- Most analysts have a "buy" or "strong buy" rating on Ircon shares. They believe that the company is well-positioned to benefit from the government's focus on infrastructure development and the rising demand for railway transportation in India.
- According to a recent survey of analysts by [research firm], the average analyst target price for Ircon shares is ₹[price].
- Risks to Consider Before Investing in Ircon
- There are a few risks to consider before investing in Ircon shares:
- Political uncertainty: India is a politically volatile country, and any changes in government policy could have a negative impact on Ircon's business.
- Competition from private players: The Indian government is also encouraging private players to invest in railway infrastructure. This could increase competition for Ircon
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