Ircon International rises on receiving LoA worth Rs 862.45 crore from East Central Railway
Ircon International is currently trading at Rs. 106.10, up by 1.35 points or 1.29% from its previous closing of Rs. 104.75 on the BSE.
The scrip opened at Rs. 107.80 and has touched a high and low of Rs. 111.45 and Rs. 105.50 respectively. So far 613280 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 186.40 on 26-Dec-2025 and a 52 week low of Rs. 101.45 on 29-Sep-2026.
Last one week high and low of the scrip stood at Rs. 111.45 and Rs. 102.70 respectively. The current market cap of the company is Rs. 10242.22 crore.
The promoters holding in the company stood at 65.17%, while Institutions and Non-Institutions held 6.71% and 28.12% respectively.
Ircon International has received Letter of Acceptance (LoA) worth Rs 862.45 crore from East Central Railway (Construction Organisation), O/o Chief Administrative Officer, Construction, East Central Railway, Mahendrughat, Patna, Bihar, India. The LoA is for the supply of ballast & P.Way materials including laying and linking of track works and other miscellaneous works for 32.5 T axle load in Gomoh-Koderma section (Rly km 300.15 to 393.68, DHN Division) and Gaya-Son Nagar section (Rly km 475.200 to 542.075, DDU Division) of East Central Railway, and supply of various P.Way materials at Gaya under Dy. CE/Con/Gaya, in connection with construction of 3rd & 4th line of Son Nagar-Andal Project. The work order is to be executed within 365 days.
