IRCON share price: The multibagger stock has rallied 334.46 per cent in a year. Despite the mentioned rise, it has slipped 17.66 per cent from its one-year high value of Rs 280.90, a level touched on January 23 this year.
IRCON share price: The stock surged 14.80 per cent to hit a one-year high of Rs 261.35. The multibagger scrip has rallied more than 320 per cent in a year and around 50 per cent in January so far.
IRCON share price: The stock gave up its gains as the session progressed and was last seen trading 0.31 per cent lower at Rs 177.30. At this price, the multibagger stock has ascended by 197.73 per cent on a year-to-date (YTD) basis and 110.65 per cent in the last six months.
The central government has come out with an offer to sell up to eight per cent equity in Navratna public sector undertaking Ircon and has set the floor price at Rs154 per share.
The government will offload about 3.76 crore shares, which represents 4% stake through the OFS, and in the case of oversubscription, an additional 4% stake will be under sale