IRCON International Ltd JV emerges lower bidder for Rs. 3429 crore tender

Ircon International Limited (IRCON) with its JV partner has emerged as the lowest bidder valuing RS.3429 Crore in the tender floated by National High Speed Rail Corporation Limited (NHSRCL) for the design and construction of 18.133 km of viaduct involving Ahmedabad Station and Sabarmati Station and associated works for the project for construction of Mumbai-Ahmedabad High Speed Rail. The completion period of the project is approx. 4.5 years.

Shares of IRCON International Ltd was last trading in BSE at Rs. 45.1 as compared to the previous close of Rs. 45.1. The total number of shares traded during the day was 93888 in over 538 trades.

The stock hit an intraday high of Rs. 45.7 and intraday low of 45. The net turnover during the day was Rs. 4240387.

Source : Equity Bulls

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