Introduction
On June 4, 2025, Ircon International Ltd., a major player in India’s railway infrastructure sector, saw its Ircon share price surge by 14% in a single session. The reason? A massive ₹1,068 crore EPC contract awarded by East Central Railway. This blog explores the reasons behind this surge and future share price prospects.
Ircon’s ₹1,068 Crore Railway Contract: A Catalyst for Growth
Ircon bagged an EPC contract worth ₹1,068.34 crore to construct a double-line rail bridge across the Ganga River. The bridge will link Bikramshila and Katareah stations. This project reaffirms Ircon’s engineering prowess and bolsters its order book.
Share Price Performance and Trends
The Ircon share price on NSE jumped 14% on the day of the announcement. Over the past month, the stock has delivered nearly 38% returns. You can track real-time performance on the BSE website.
Financials Driving Investor Confidence
- Total Revenue: ₹12,870 crore
- Net Profit: ₹929 crore
- Return on Equity (ROE): 15.83%
- Earnings Per Share (EPS): ₹8.12
- Debt-to-Equity Ratio: 0.44
For deeper financials, see Ircon on Moneycontrol.
Order Book and Diversification Strategy
Ircon maintains a strong ₹32,500 crore order book, 73% of which is rail-related. It is also branching out into solar projects (500 MW) and international ventures in Bangladesh and Sri Lanka.
Ircon Share Price Target 2025
Stock analysts predict the Ircon share price may reach ₹270–₹310 in 2025. This is based on its expanding order pipeline, solid financials, and strategic diversification.
Conclusion
The recent rally in Ircon share price highlights growing investor confidence. With solid fundamentals and government-backed infrastructure momentum, Ircon is emerging as a top pick in the railway sector. Read more about railway infrastructure investments in 2025 or check our top PSU stock performance blog.
