Ircon International Ltd updates on variation in contract agreement

Northeast Frontier Railway has sanctioned variation for the Contract Agreement to Ircon International Limited 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 Jiribam - Khongsang section of Jiribam- Imphal new Railway Project. The value of aforesaid contract has been increased from Rs.144,16,66,955.90 to Rs.203,6080,858.313.

The Variation amount in the existing Contract Agreement is Rs. 59,44,13,902.41. (Rupees Fifty Nine Crore Forty Four Lakhs Thirteen Thousand Nine Hundred and Two and Forty One Paise Only)

Shares of Ircon International Limited was last trading in BSE at Rs. 165.85 as compared to the previous close of Rs. 162.90. The total number of shares traded during the day was 467851 in over 3399 trades.

The stock hit an intraday high of Rs. 167.55 and intraday low of 159.15. The net turnover during the day was Rs. 76575452.00.

Source : Equity Bulls

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IrconInternational INE962Y01021 OrderIncrease