IRCON International Ltd bags order in Myanmar on EPC mode

IRCON has been appointed as 'Project Implementation Agency' for 'Construction of Road from Paletwa (Myanmar) to Zorinpuri (Mizoram) under Kaladan Muti Modal Transit Transport Project (KMMTTP)' in Myanmar, on EPC mode at Lump Sum cost of Rs.1780 Crore by Ministry of External Affairs, Government of India.

The duration of the project shall be forty (40) months from the Effective Date i.e. date of execution of the necessary Agreement which will be executed within next 14 days.

Shares of Ircon International Limited was last trading in BSE at Rs. 40.10 as compared to the previous close of Rs. 39.30. The total number of shares traded during the day was 190895 in over 1135 trades.

The stock hit an intraday high of Rs. 40.50 and intraday low of 39.10. The net turnover during the day was Rs. 7639850.00.

Source : Equity Bulls

Keywords

IrconInternational INE962Y01021 ProjectImplementationAgency Myanmar KMMTTP OrderWin