Ircon International signs contract with Sri Lanka Railways, Ministry of Transport, Sri Lanka

Ircon International Limited has executed the contract agreement with Sri Lanka Railways, Ministry of Transport, Sri Lanka for the work of procurement of Design, Installation, Testing, Commissioning and Certifying of Signalling and Telecommunication system from Maho Junction (Including) to Anuradhapura (Excluding) under Indian Line of Credit at a total price of USD 14.89 Million equivalent to approx. INR 122 Crore on 21st September, 2023.

The work will be completed by Ircon International Limited within 24 months from the date of signing of contract.

Shares of Ircon International Limited was last trading in BSE at Rs. 141.45 as compared to the previous close of Rs. 135.85. The total number of shares traded during the day was 1071539 in over 10446 trades.

The stock hit an intraday high of Rs. 143.20 and intraday low of 132.70. The net turnover during the day was Rs. 146877732.00.

Source : Equity Bulls

Keywords

IrconInternational INE962Y01021 ContractAgreement SriLankaRailways