Ircon International Limited awarded work of Rs. 144 crore

Ircon International Limited (IRCON) has been awarded the work for Supply, Installation, Testing and commissioning of Integrated Tunnel Communication Systems, OFC based industrial grade network system including laying of OFC & other cables for Railway network which includes tunnels and stations in JiribamKhongsang section of Jiribam-Imphal new Railway Line Project at a total price of Rs.144 Crore.

This work has been awarded by N F Railway Construction on competitive bidding basis and the entire work shall be completed within 365 days from the date of issuance of Letter of Acceptance.

The Letter of Acceptance has been received from N F Railway Construction on 17th July, 2023 at 10:00 A.M.

Shares of Ircon International Limited was last trading in BSE at Rs. 83.71 as compared to the previous close of Rs. 80.35. The total number of shares traded during the day was 1135428 in over 6226 trades.

The stock hit an intraday high of Rs. 84.00 and intraday low of 80.56. The net turnover during the day was Rs. 94234249.00.

Source : Equity Bulls

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