Ircon International share price extended the gains on second day, rising more than 3 percent in the early trade on April 15 on bagging works contract from S&T (Construction), North Western Railway, Indian Railways.
At 09:17am, Ircon International was quoting at Rs 155.15, up Rs 5.55, or 3.71 percent, on the BSE.
The contract included design manufacture, supply, installation, testing & commissioning of microprocessor based EI system (with inbuilt Block Instrument in EI) as per RDSO Spec at 20-stations of Ajmer Division along with Automatic Block Signalling and associated indoor & outdoor works of Signalling & Telecom Systems/gears.
The said contract value is Rs 127 crore, which is to be executed in 24 months from the date of issue of LOA.
Catch all the market action on our live blog
On March 28, the company through its joint venture with SSNR Projects has been awarded the Letter of Award (LOA) for the project of Rs 872,69,34,516.97 floated by Rail Vikas Nigam.
On March 17, the company in joint venture with Badri Rai and Company (BRC) awarded an EPC contract by Directorate of Urban Affairs, Government of Meghalaya of Rs 1,096,17,25,961.15 with IRCON's share (26 percent) of Rs 285,00,48,749.90.
The share touched a 52-week high of Rs 351.65 and a 52-week low of Rs 134.30 on 15 July, 2024 and 03 March, 2025, respectively.
Currently, the stock is trading 55.71 percent below its 52-week high and 15.97 percent above its 52-week low.
Market capitalisation stands at Rs 14,648.53 crore.
The share price slipped 51 percent in the last 9 months.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
