IRCON International Ltd emerges L1 bidder for tender valued at Rs. 5142 crore

IRCON International Ltd has emerged L-1 bidder in a tender valuing approx. Rs. 5142 Crore floated by National High Speed Rail Corporation Limited (NHSRCL) for the design, supply and construction of track and track related works including Testing and Commissioning for Double Line High Speed Railway between Zaroli village at Maharashtra Gujarat Border (MAHSR Km.156.600) and Vadodara (MAHSR Km.393. 700) in the State of Gujarat and the Union Territory of Dadra and Nagar Haveli for the project for construction of Mumbai-Ahmedabad High Speed Rail (Package No. MAHSR T-2). The completion period of the project is approx. 6.5 years.

Shares of Ircon International Limited was last trading in BSE at Rs. 49.65 as compared to the previous close of Rs. 48.30. The total number of shares traded during the day was 916829 in over 4950 trades.

The stock hit an intraday high of Rs. 50.70 and intraday low of 48.30. The net turnover during the day was Rs. 45533353.00.

Source : Equity Bulls

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