IRCON International Limited (IRCON), a government-owned engineering and construction company, has drawn considerable attention in the stock market for its consistent performance and infrastructure-driven growth. In this blog, we analyze the IRCON share price trends, financials, company background, and future outlook to help investors make informed decisions.
🔹 About IRCON International Ltd
IRCON, a public-sector undertaking under the Ministry of Railways, was incorporated in 1976. The company is primarily involved in infrastructure projects like railways, highways, bridges, tunnels, and electrification.
Key Business Areas:
- Railway construction & electrification
- Highways and roads
- Bridges and flyovers
- International infrastructure projects
🔸 IRCON Share Price Today – Real-Time Data
As of June 4, 2025, IRCON’s share price is:
- ₹138.45 (NSE) — Up by 1.8%
- ₹138.50 (BSE) — Slight intraday volatility observed
📊 Day’s Range:
- Low: ₹134.75
- High: ₹139.85
Track real-time stock movement on MoneyControl
🔍 IRCON Share Price History
🗓️ 1-Year Return:
- IRCON has delivered a 1-year return of over 60%, driven by strong quarterly earnings and government-led infrastructure spending.
📈 5-Year Growth Overview:
| Year | Share Price (Approx.) | Notable Events |
|---|---|---|
| 2020 | ₹90 | Pandemic recovery begins |
| 2021 | ₹105 | Rise in infra contracts |
| 2022 | ₹115 | Consistent revenue growth |
| 2023 | ₹125 | PSU rally and budget impact |
| 2024 | ₹138+ | Strong Q4 results |
🧾 Fundamental Analysis of IRCON
Here’s a snapshot of the financial metrics (FY24-25):
- Market Cap: ₹13,000+ Cr
- P/E Ratio: 13.2 (lower than industry average)
- Dividend Yield: 1.8%
- EPS (TTM): ₹10.15
- Book Value: ₹70+
Strengths:
- Debt-free company
- Strong government project pipeline
- Consistent profit growth
Weaknesses:
- Dependent on government contracts
- Slow project execution in foreign markets
See full financial breakdown on Groww
📈 Technical Analysis: Is It a Buy?
50-Day Moving Average (SMA): ₹132
200-Day SMA: ₹116
RSI: 62 (Approaching overbought zone)
Based on technical indicators, IRCON may show a bullish breakout above ₹140 if market sentiment remains positive. Long-term investors may consider holding, while swing traders can wait for a dip below ₹135.
🔮 IRCON Share Price Forecast 2025–2030
Analyst Expectations:
| Year | Projected Price Range |
|---|---|
| 2025 | ₹150 – ₹170 |
| 2026 | ₹180 – ₹200 |
| 2027 | ₹210 – ₹230 |
| 2030 | ₹270+ (with infra boom) |
Driving Factors:
Global expansion of IRCON
National infrastructure push
Higher budget allocations
📰 Latest News Impacting IRCON Share Price
- Budget 2025: Heavy allocation to rail & road sectors
- New Project Wins: IRCON bagged ₹1,200 Cr contract in May 2025
- Dividend Declaration: Announced ₹1.20/share dividend for FY24-25
These developments are directly boosting investor sentiment and keeping IRCON in the spotlight.
💬 Expert Opinions
- Motilal Oswal: “IRCON remains undervalued among PSUs. Recommend Hold with ₹160 target.”
- ICICI Securities: “Strong fundamentals, zero debt — attractive for long-term portfolios.”
- Retail Investors: Show increasing confidence due to steady price action and reliable dividends.
🛒 Should You Buy IRCON Share?
✔️ Buy If:
- You’re a long-term investor looking for PSU infra exposure
- You prefer steady dividend income
- You believe in India’s infrastructure boom
❌ Avoid If:
- You seek high-growth tech stocks
- You are a short-term speculative trader
🔗 3 High-Authority External Links
Moneycontrol – IRCON Share Page
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