IRCON Share Price Surges Amid Market Optimism – Should Investors Hold or Book Profit?

IRCON Share Price Surges Amid Market Optimism – Should Investors Hold or Book Profit?

IRCON: The stock has rallied 38.01 per cent in a month.

IRCON Share Price Today

IRCON International Ltd. saw a significant movement in its stock price today. The share opened strong at ₹152.40 and touched an intraday high of ₹158.90 before settling around ₹155.60 by afternoon trading. The positive momentum reflects growing investor confidence in PSU (Public Sector Undertaking) railway infrastructure companies.

Why is IRCON Rising?

Multiple factors are influencing IRCON's share price rally:

Government Focus on Railway Capex : With continued investment in railway infrastructure, stocks like IRCON are expected to benefit from long-term projects.

Strong Order Book : IRCON recently secured new contracts, including international railway projects, which has boosted investor sentiment.

PSU Stock Momentum : Other railway PSUs like RVNL and RITES also saw gains, pushing sector-wide optimism.

IRCON Share Price Surges Amid Market Optimism – Should Investors Hold or Book Profit?

What Analysts Are Saying

Market analysts believe that IRCON could continue to perform well in the short term, with a potential upside if Q1 FY25 results show robust revenue growth. However, some are cautious due to its already strong rally in the last 6 months.

IRCON Share Price History (Last 5 Days)

| Date   | Closing Price |

| ------ | ------------- |

| June 5 | ₹155.60       |

| June 4 | ₹150.20       |

| June 3 | ₹147.90       |

| June 2 | ₹149.10       |

| May 30 | ₹145.40       |

Investor Advice

For long-term investors, IRCON remains a strong PSU pick in the infrastructure sector. However, experts advise booking partial profit  if the stock crosses ₹160, and consider re-entry during dips.

Source. Data from NSE India and market reports dated June 5, 2025