Ircon International (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Ircon International Limited |
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Price: ₹218.27 | ||
| 52 Week Low: ₹158.50 52 Week High: ₹351.60 |
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| Market Capital: 17,471.02 Crore (Midcap) | |||
| Industrials -> Engineering & Construction | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Ircon International Share Price Target For 2024
- 1.1.1: Ircon International Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Ircon International Share Price Target For 2025
- 1.2.1: Ircon International Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Ircon International Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Ircon International Brief Company Overview
- 4: Ircon International Financial Performance
- 4.0.1: Is Ircon International A Good Buy For Long Term?
To predict the Ircon International's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Ircon International Share Price Target For 2024
The line chart displays the monthly closing prices of Ircon International with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ircon International shares in 2024, see the table below.
Ircon International Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 228.25 (+4.57%) | Price Action: 10 Dec 2024 High |
| 2024 Target 2 | 225.8 (+3.44%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 223.23 (+2.27%) | Price Action: 13 Dec 2024 Low |
| Current Price | 218.27 | Ircon International's share price as of 20 Dec 2024 |
| Stop Loss 1 | 215.91 (-1.09%) | Price Action: 19 Dec 2024 Low |
| Stop Loss 2 | 213.6 (-2.14%) | Price Action: 06 Nov 2024 Low |
| Stop Loss 3 | 210.92 (-3.37%) | Price Action: Apr 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Ircon International is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹213.24 serves as the nearest technical reference point.
Historical Returns: 3-month: -3.76% | 6-month: -18.64% | 1-year: +29.00%
Ircon International Share Price Target For 2025
The line chart displays the monthly closing prices of Ircon International with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ircon International shares in 2025, see the table below.
Ircon International Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 356.46 (+63.31%) | Price Action: Chart |
| 2025 Target 2 | 349.81 (+60.26%) | Fibonacci Extension Level 100.00% |
| 2025 Target 1 | 344.59 (+57.87%) | Fibonacci Extension Level 64.90% |
| Current Price | 218.27 | Ircon International's share price as of 20 Dec 2024 |
| Stop Loss 1 | 188.0 (-13.87%) | Price Action: 22 Nov 2024 High |
| Stop Loss 2 | 185.64 (-14.95%) | Price Action: 19 Nov 2024 Low |
| Stop Loss 3 | 183.62 (-15.88%) | Price Action: 18 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Ircon International is currently trading at 31.0% of its 52-week range (₹158.5 - ₹351.6).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +29.00% | 3-year: +427.22% | 5-year: +570.36%
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Approach 2: Machine Learning By Studying Historical Prices
Ircon International Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹218.27 | ||
| 2024 | ₹244.32 | +11.93% | ₹247.98 |
| 2025 | ₹273.29 | +11.86% | ₹277.39 |
| 2026 | ₹312.24 | +14.25% | ₹316.92 |
| 2027 | ₹355.25 | +13.77% | ₹360.58 |
| 2028 | ₹403.12 | +13.48% | ₹409.17 |
| 2029 | ₹441.08 | +9.42% | ₹447.70 |
| 2030 | ₹462.84 | +4.93% | ₹469.78 |
| 2031 | ₹502.43 | +8.55% | ₹509.97 |
| 2032 | ₹548.13 | +9.10% | ₹560.18 |
| 2033 | ₹600.56 | +9.57% | ₹610.94 |
| 2034 | ₹637.84 | +6.21% | ₹647.41 |
| 2035 | ₹652.39 | +2.28% | ₹662.18 |
| 2036 | ₹692.62 | +6.17% | ₹712.48 |
| 2037 | ₹741.02 | +6.99% | ₹763.25 |
| 2038 | ₹797.99 | +7.69% | ₹814.02 |
| 2039 | ₹833.15 | +4.41% | ₹845.65 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Ircon International Brief Company Overview
Ircon International Limited: A Construction Powerhouse Founded in 1976, Ircon International Limited is a leading construction company with a global footprint. Key Products and Services: Construction of railway lines, bridges, and facilities Civil engineering...
projects, including roads, highways, and airports Commercial and residential complexes Railway and industrial electrification Renewable energy and power supply works Market Presence: Ircon operates in over 10 countries, including India, Nepal, Bangladesh, and the United Kingdom. Reputation and Commitment: Ircon has a strong reputation for delivering high-quality construction projects and is committed to customer satisfaction, safety, and sustainability.Ircon International Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 17,471.02 Crore | Market valuation of Ircon International's shares. |
| Revenue (TTM) | 11,268.44 Crore | Total revenue generated by Ircon International over the past twelve months. |
| Net Income (TTM) | +9,214,499,840.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +7.07% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +8.17% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-18.10% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-17.90% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
54.47 | Company's total debt divided by total shareholder equity. |
| Total Debt | 3,384.59 Crore | Sum of Ircon International's current & long-term financial obligations. |
| Total Cash | 4,864.24 Crore | Total amount of liquid funds available to Ircon International. |
| Beta | 0.59 | Beta is less than 1 indicating that the Ircon International's price is less volatile than the market. |
Is Ircon International A Good Buy For Long Term?
Ircon International presents a mixed picture for long-term investors. While its substantial cash balance of ₹4,864.24 crore and impressive past 3-year and 5-year returns (329.69% and 321.88% respectively) are positive indicators, recent performance is concerning. A -17.9% drop in Q2 2024-25 earnings compared to the same quarter last year, coupled with a -34.90% return over the past three months, raises red flags. The significant debt of ₹3,384.59 crore also warrants attention. Therefore, based on current data, Ircon International is an average buy for the long term; further investigation is recommended before making any investment decisions.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
