Ircon International Ltd bags orders of Rs. 723 crore

Ircon International Limited (the Company) has been awarded the following work of Rs. 723 Crores by NCRTC:

- Design, Supply, Installation, Testing and Commissioning of Receiving SubStations 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 approx. Rs.318 Crores. The tenure for execution of works is 50 months.

- Design, Supply, Installation, Testing and Commissioning of Receiving SubStations 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 approx. Rs.405 Crores. The tenure for execution of works is 54 months.

Shares of IRCON International Ltd was last trading in BSE at Rs.85.05 as compared to the previous close of Rs. 83.4. The total number of shares traded during the day was 117565 in over 1859 trades.

The stock hit an intraday high of Rs. 86 and intraday low of 82.6. The net turnover during the day was Rs. 9926765.

Source : Equity Bulls

Keywords