Ircon International rises on securing work order worth Rs 723 crore

24 Nov 2020 Evaluate

Ircon International is currently trading at Rs. 85.90, up by 0.85 points or 1.00% from its previous closing of Rs. 85.05 on the BSE.

The scrip opened at Rs. 86.65 and has touched a high and low of Rs. 86.80 and Rs. 85.30 respectively. So far 26035 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 119.76 on 19-Feb-2020 and a 52 week low of Rs. 58.20 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 86.80 and Rs. 81.00 respectively. The current market cap of the company is Rs. 3999.54 crore.

The promoters holding in the company stood at 89.18%, while Institutions and Non-Institutions held 2.27% and 8.55% respectively.

Ircon International has secured works worth Rs 723 crore by NCRTC. The company has received work order for Design, Supply, Installation, Testing and Commissioning of Receiving Sub-Stations and associated works on Viaduct & Tunnel from Sarai Kale Khan to Duhai (EPE) including Jangpura Stabling Yard and Duhai Depot and SCDA system for Complete Corridor of Delhi- Ghaziabad-Meerut RRTS Corridor of NCRTC for the accepted contract amount of approximately Rs 318 crore. The tenure for execution of works is 50 months.

The company has also has received work order for Design, Supply, Installation, Testing and Commissioning of Receiving Sub-Stations and associated works on Viaduct & Tunnel from Duhai (EPE) to Modipuram including Modipuram Depot for Delhi- Ghaziabad-Meerut RRTS Corridor of NCRTC for the accepted contract amount of approximately Rs 405 crore. The tenure for execution of works is 54 months. 

Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects, including, railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities.

Ircon International Share Price

216.80 -1.10 (-0.50%)
03-Jan-2025 16:59 View Price Chart
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