Ircon International share price gained in the opening trade on June 2 following the company received engineering, procurement and construction (EPC) order worth Rs 1,068.3 crore rom East Central Railway.
At 09:28am, Ircon International was quoting at Rs 193.50, up Rs 2.70, or 1.42 percent on the BSE.
East Central Railway, Indian Railway has awarded the work to Ircon International for EPC for construction of new BG Rail Bridge (2x32.086m Open Web Steel Girder + 33x122.0 m Open Web Steel Girder) with sub-structure of double line track and superstructure of single line track across river Ganga between Bikramshila and Katareah stations on new railway line project.
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On May 30, National Stock Exchange of India and BSE have levied fine of Rs 14,04,200 each (incl. GST) on the company for the non-compliance for the composition of the board and its committees for the quarter ended 31st March, 2025.
Earlier in the month of May, Kerala State IT Infrastructure (KSITIL) has sanctioned a work order to the company for construction of dedicated rural industrial park in Thiruvananthapuram District. The contract size is Rs 187,08,29,148 and to be executed in 30 months.
Also, received a work order worth Rs 458.14 crore from North Eastern Electric Power Corporation. The order involves the construction of civil works on an item-rate basis for the Tato-I Hydro Electric Project in Arunachal Pradesh.
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 44.97 percent below its 52-week high and 44.08 percent above its 52-week low.
The market capitalisation of the company stands at Rs 18,198.98 crore.
The company share price jumped 36 percent in the last three-month.
The company had posted profit of Rs 211.8 crore in Q4FY25 as against Rs 86.1 crore in Q3FY24, while revenue from operations stood at Rs 3,412.1 crore as against Rs 2,612.9 crore in Q3FY24.
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