IRCON International secured a letter of award (LoA) from the National Highways & Infrastructure Development Corporation (NHIDCL) for the construction of a tunnel in Mizoram valued at Rs 630.66 crore.
(NDTV) State-owned Ircon on Sunday said it has secured a railway project worth about Rs 1,200 crore in a joint venture. ''Ircon International Ltd. under its joint venture with Dineshchandra R Agrawal Infracon Pvt Ltd., i.e. Ircon-DRA JV has been awarded the LoA for the construction of Kottavalasa-Koraput Doubling Project from Shivalingapuram Station to Borraguhalu…
IRCON International shares gained over 6% on Monday after the railway engineering firm said it has won a Rs 1198 crore project in a joint venture. IRCON International stock rose 6.43% to Rs 266.95 against the previous close of Rs 250.80 on BSE. The multibagger stock opened higher at Rs 258 today. IRCON International shares are trading higher than the 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Market cap of the firm rose to Rs 24,105 crore on BSE. The Indian Railway firm has gained 246.30 % in a year and risen 47.66% in 2023.
IRCON bags Rs 1,200-cr order dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.