Ircon International jumps on signing MoU with Patel Engineering
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Ircon International is currently trading at Rs. 226.50, up by 3.15 points or 1.41% from its previous closing of Rs. 223.35 on the BSE.
The scrip opened at Rs. 225.95 and has touched a high and low of Rs. 231.35 and Rs. 224.30 respectively. So far 271802 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 351.65 on 15-Jul-2024 and a 52 week low of Rs. 127.30 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 231.35 and Rs. 218.50 respectively. The current market cap of the company is Rs. 21396.73 crore.
The promoters holding in the company stood at 65.17%, while Institutions and Non-Institutions held 5.84% and 28.99% respectively.
Ircon International has signed a Memorandum of Understanding (MoU) with Patel Engineering on October 16, 2024 for collaboration and co-operation with each other to explore, identify, pursue and jointly execute mutually beneficial business opportunities in various infrastructure projects in India and Overseas.
Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.
