Ircon International jumps on getting Navratna status
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Ircon International is currently trading at Rs. 144.95, up by 9.10 points or 6.70% from its previous closing of Rs. 135.85 on the BSE.
The scrip opened at Rs. 138.70 and has touched a high and low of Rs. 146.25 and Rs. 138.15 respectively. So far 782275 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 174.55 on 12-Sep-2023 and a 52 week low of Rs. 40.30 on 20-Oct-2022.
Last one week high and low of the scrip stood at Rs. 144.35 and Rs. 131.60 respectively. The current market cap of the company is Rs. 13618.67 crore.
The promoters holding in the company stood at 73.18%, while Institutions and Non-Institutions held 4.63% and 22.19% respectively.
Ircon International has been granted Navratna status. The term 'Navratna' refers to a select group of top-performing CPSEs that have been granted greater autonomy and financial powers by the Centre in recognition of their superior performance. The company will be the 15th Navratna among the Central Public Sector Enterprises (CPSEs).
Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.
