Ircon Vadodara Kim Expressway Ltd repays loan of Rs. 589.50 crore to IRCON International Ltd

Ircon Vadodara Kim Expressway Limited has repaid the total outstanding loan of Rs.589.50 Crore to Ircon International Limited.

The company had earlier announced about Corporate Guarantee furnished to Bank of Baroda for loan to Ircon Vadodara Kim Expressway Limited (IrconVKEL) (a wholly owned subsidiary of IRCON).

Shares of IRCON International Ltd was last trading in BSE at Rs.46.1 as compared to the previous close of Rs. 46.25. The total number of shares traded during the day was 148288 in over 844 trades.

The stock hit an intraday high of Rs. 46.7 and intraday low of 46. The net turnover during the day was Rs. 6842500.

Source : Equity Bulls

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