Ircon International achieves another breakthrough of Tunnel in USBRL project

Ircon International Limited (IRCON), a Miniratna (Category-I) Schedule-A, Public Sector Enterprises has taken breakthrough blast in Udhampur-Srinagar-Baramula Rail Link (USBRL).

On 3rd March, 2022, IRCON has taken breakthrough blast in Tunnel No. 77D, which is 2.65 KM long and is located at Village Bankoot in Ramban District. Earlier, excavation of Main Tunnel of longest tunnel T49 of 12.76 Km in USBRL Project was completed on 15th February 2022. IRCON has also completed excavation of about 11 Km in Main Tunnel of T15, on 18th January 2022.

Execution of Tunnel T77D was very challenging, due to low overburden, extremely poor geology conditions and social challenges as this tunnel crosses the residential area. With the completion of Tunnel T77D, the 15 Km Block section from Banihal to Arpinchala is through for further works.

Shares of Ircon International Limited was last trading in BSE at Rs. 40.10 as compared to the previous close of Rs. 40.55. The total number of shares traded during the day was 235765 in over 2073 trades.

The stock hit an intraday high of Rs. 40.50 and intraday low of 39.90. The net turnover during the day was Rs. 9453850.00.

Source : Equity Bulls

Keywords

IrconInternational INE962Y01021 USBRL Udhampur Srinagar Baramula RailLink