IRCON has completed 100 Km track linking between Vaitarna-Sachin section

IRCON has completed 100 km track linking out of 372 km stretch entrusted to IRCON by Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) between Vaitarna-Sachin sections by using imported New Track Construction machine by IRCON. It has been possible by the dedicated team of IRCON despite the lockdown due to Covid-19 and insufficient resources. IRCON's entire dedicated team is struggling hard to complete the project despite prevailing situation of Covid-19. IRCON is the first PSU, which owns NTC machine, that was imported by IRCON from USA for the purpose of this project.

Last month IRCON has completed highly ambitious task of installation & completion of precast double shell box with a segment size of 16 x 10 m at Valsad, South Gujarat in record time of 20 days power block. This has been appreciated by all corners. IRCON is fully committed to complete the DFC project entrusted to them by leaving no stone unturned in completing the project as per Railway Ministry target.

IRCON also completed commissioning of 74 km section from Kharsia to Dharam Jayagarh on 21.06.2021 through its SPV - Chhattisgarh East Rail Limited (CERL). Thus, CERL is the only SPV to commission section of railway line through PPP mode.

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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