Stock Report

Ircon International forms JV company Ircon Renewable Power Ltd



Posted On : 2022-01-13 19:49:18( TIMEZONE : IST )

Ircon International forms JV company Ircon Renewable Power Ltd

Ircon International Limited has incorporated a Subsidiary and Joint Venture Company named "Ircon Renewable Power Limited" on 13th January, 2022 as Special Purpose Vehicle (with 76% shareholding of Ircon International Limited and 24% shareholding of Ayana Renewable Power Private Limited) for setting up of 500 MW Grid Connected Solar PV Project awarded by Indian Renewable Energy Development Agency Limited.

Shares of Ircon International Limited was last trading in BSE at Rs. 46.55 as compared to the previous close of Rs. 46.15. The total number of shares traded during the day was 110090 in over 933 trades.

The stock hit an intraday high of Rs. 46.80 and intraday low of 46.30. The net turnover during the day was Rs. 5122443.00.

Source : Equity Bulls

Keywords

IrconInternational INE962Y01021 Subsidiary JointVenture SPV IrconRenewablePower