News

Buy Ircon International For Target Rs. 118/126 - LKP Securities Future Outlook • Healthy Order Book of Rs 325bn coupled with an order inflow guidance of Rs 110bn for the current fiscal should keep the momentum going strong for IRCON this year too. • Its net debt-free status and likely monetization of huge investments in SPV's provide added comfort despite the recent run up in the stock price. Technical Commentary • IRCON has given a consolidation breakout. Beside, it is maintaining above the crucial 50 exponential moving ave...
Buy Ircon International For Target Rs. 118/126 - LKP Securities
Buy Ircon International For Target Rs. 118/126 - LKP Securities
Source: LKP Securities
3/09/2023 11:03:52 AM
Rupee term loan document executed for GatiShakti rail corridor project in Chhattisgarh In a major development in PM GatiShakti rail corridor projects in Chhattisgarh, rupee term loan documents were executed between the Central Bank of India under sole banking and the promoters, i.e., South Eastern Coalfields Ltd (SECL), Ircon International Ltd (IRCON), CSIDC and CERL on Monday, towards development of second phase of Chhattisgarh East Railway Ltd (CERL). The total debt exposure in this financial contract will be of Rs 1,349 crore. This concludes the documentation process o...
Rupee term loan document executed for GatiShakti rail corridor project in Chhattisgarh
Rupee term loan document executed for GatiShakti rail corridor project in Chhattisgarh
Source: IANS
29/08/2023 10:59:43 AM
Ircon International zooms despite volatility over the Dalal Street Ircon International is currently trading at Rs. 85.75, up by 2.04 points or 2.44% from its previous closing of Rs. 83.71 on the BSE. The scrip opened at Rs. 84.30 and has touched a high and low of Rs. 88.75 and Rs. 83.70 respectively. So far 2474794 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 91.70 on 21-Jun-2023 and a 52 week low of Rs. 36.85 on 27-Jul-2022. Last one week high and low of the scrip stood at ...
Ircon International zooms despite volatility over the Dalal Street
Ircon International zooms despite volatility over the Dalal Street
Source: Accord Fintech
18/07/2023 3:34:26 PM
Ircon International climbs on bagging order worth Rs 144 crore Ircon International is currently trading at Rs. 83.90, up by 3.55 points or 4.42% from its previous closing of Rs. 80.35 on the BSE. The scrip opened at Rs. 80.56 and has touched a high and low of Rs. 84.00 and Rs. 80.56 respectively. So far 902252 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 91.70 on 21-Jun-2023 and a 52 week low of Rs. 36.85 on 27-Jul-2022. Last one week high and low of the scrip stood at R...
Ircon International climbs on bagging order worth Rs 144 crore
Ircon International climbs on bagging order worth Rs 144 crore
Source: IANS
17/07/2023 3:16:12 PM
IRCON International Ltd Financial Results: Highest ever Operating Revenue clocked 2nd year in a row with 40% growth to Rs.10,368 crore; Net Profit increased by 29% to Rs.765 crore Ircon International Limited, a Miniratna (category - I) schedule A public sector enterprise and a leading turnkey construction company in the public sector (under Ministry of Railways), has announced its financial results for the fourth quarter and year ended on March 31, 2023.    Key Financial Highlights for year ended March 31, 2023 (Consolidated) showed that the total income increased by 41.7% to Rs.10,750 crore as against Rs.7,586 crore in FY22. Revenues from operations fo...
IRCON International Ltd Financial Results: Highest ever Operating Revenue clocked 2nd year in a row with 40% growth to Rs.10,368 crore; Net Profit increased by 29% to Rs.765 crore
IRCON International Ltd Financial Results: Highest ever Operating Revenue clocked 2nd year in a row with 40% growth to Rs.10,368 crore; Net Profit increased by 29% to Rs.765 crore
Source: Accord Fintech
25/05/2023 9:35:48 AM
Ircon International rises on bagging order worth Rs 122 crore Ircon International is currently trading at Rs. 65.65, up by 0.80 points or 1.23% from its previous closing of Rs. 64.85 on the BSE. The scrip opened at Rs. 65.85 and has touched a high and low of Rs. 66.80 and Rs. 65.50 respectively. So far 632502 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 66.80 on 07-Dec-2022 and a 52 week low of Rs. 34.80 on 17-Jun-2022. Last one week high and low of the scrip stood at R...
Ircon International rises on bagging order worth Rs 122 crore
Ircon International rises on bagging order worth Rs 122 crore
Source: Accord Fintech
7/12/2022 11:22:54 AM
Railway stocks changing to fast track on the bourses The share prices of the Indian Railway sector companies seem to be chugging fast on the stock bourses track. The major listed companies catering to the railway sector are: Indian Railway Catering and Tourism Corporation Ltd (IRCTC), Container Corporation of India Ltd, Indian Railway Finance Corporation, IRCON International Ltd, Texmaco Rail and Engineering Ltd, BEML Ltd, Bharat Electronics Ltd, Rail Vikas Nigam Ltd and RailTel Corporation of India Ltd. According to analysts, the share p...
Railway stocks changing to fast track on the bourses
Railway stocks changing to fast track on the bourses
Source: IANS
28/11/2022 3:30:02 PM
Ircon International gains on completing commissioning of doubling work of Hajipur- Bachhwara Project Ircon International is currently trading at Rs. 39.60, up by 0.30 points or 0.76% from its previous closing of Rs. 39.30 on the BSE. The scrip opened at Rs. 39.75 and has touched a high and low of Rs. 39.75 and Rs. 39.30 respectively. So far 8707 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 53.35 on 25-Oct-2021 and a 52 week low of Rs. 34.80 on 17-Jun-2022. Last one week high and low of the scrip stood at Rs....
Ircon International gains on completing commissioning of doubling work of Hajipur- Bachhwara Project
Ircon International gains on completing commissioning of doubling work of Hajipur- Bachhwara Project
Source: Accord Fintech
30/09/2022 10:51:07 AM
Board of Ircon International approves appointment of Government Nominee Director The Board of Ircon International at its meeting held on 23 September 2022 approved the appointment of Ram Prakash (DIN: 09746225) as the Government Nominee (Part-Time Official) Director (Additional Director) on the Board of the Company w.e.f. date of allotment of DIN by the Ministry of Corporate Affairs i.e. 23 September 2022, till he holds the post of Additional Member (RE) and/or Additional Member (Planning), Railway Board or further orders, whichever is earlier.
Board of Ircon International approves appointment of Government Nominee Director
Board of Ircon International approves appointment of Government Nominee Director
Source: Accord Fintech
26/09/2022 12:24:19 PM
Ircon International soars on bagging order worth Rs 256 crore Ircon International is currently trading at Rs. 41.90, up by 1.50 points or 3.71% from its previous closing of Rs. 40.40 on the BSE. The scrip opened at Rs. 42.90 and has touched a high and low of Rs. 42.90 and Rs. 41.70 respectively. So far 82331 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 53.35 on 25-Oct-2021 and a 52 week low of Rs. 34.80 on 17-Jun-2022. Last one week high and low of the scrip stood at Rs...
Ircon International soars on bagging order worth Rs 256 crore
Ircon International soars on bagging order worth Rs 256 crore
Source: Accord Fintech
20/09/2022 10:46:16 AM
IRCON gains on getting appointed as ‘Project Implementation Agency’ for project in Myanmar Ircon International is currently trading at Rs. 40.35, up by 0.25 points or 0.62% from its previous closing of Rs. 40.10 on the BSE. The scrip opened at Rs. 41.25 and has touched a high and low of Rs. 41.25 and Rs. 39.85 respectively. So far 96538 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 53.95 on 20-May-2021 and a 52 week low of Rs. 39.00 on 24-Feb-2022. Last one week high and low of the scrip stood at Rs...
IRCON gains on getting appointed as ‘Project Implementation Agency’ for project in Myanmar
IRCON gains on getting appointed as ‘Project Implementation Agency’ for project in Myanmar
Source: Accord Fintech
28/02/2022 11:51:40 AM
Ircon International moves up on emerging as lowest bidder for project floated by NHAI Ircon International is currently trading at Rs. 47.50, up by 0.85 points or 1.82% from its previous closing of Rs. 46.65 on the BSE. The scrip opened at Rs. 47.50 and has touched a high and low of Rs. 47.70 and Rs. 46.65 respectively. So far 104582 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.20 on 11-Feb-2021 and a 52 week low of Rs. 39.70 on 19-Mar-2021. Last one week high and low of the scrip stood at R...
Ircon International moves up on emerging as lowest bidder for project floated by NHAI
Ircon International moves up on emerging as lowest bidder for project floated by NHAI
Source: Accord Fintech
14/12/2021 10:24:39 AM
Ircon International rises on bagging contract worth Rs 11.74 crore Ircon International is currently trading at Rs. 47.15, up by 0.60 points or 1.29% from its previous closing of Rs. 46.55 on the BSE. The scrip opened at Rs. 47.10 and has touched a high and low of Rs. 47.40 and Rs. 46.90 respectively. So far 47663 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.20 on 11-Feb-2021 and a 52 week low of Rs. 36.45 on 15-Oct-2020. Last one week high and low of the scrip stood at Rs...
Ircon International rises on bagging contract worth Rs 11.74 crore
Ircon International rises on bagging contract worth Rs 11.74 crore
Source: Accord Fintech
18/10/2021 10:12:25 AM
Ircon International rises on emerging as lowest bidder by NHSRCL Ircon International is currently trading at Rs. 48.00, up by 0.50 points or 1.05% from its previous closing of Rs. 47.50 on the BSE. The scrip opened at Rs. 48.35 and has touched a high and low of Rs. 48.45 and Rs. 47.65 respectively. So far 102529 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.20 on 11-Feb-2021 and a 52 week low of Rs. 36.40 on 13-Oct-2020. Last one week high and low of the scrip stood at R...
Ircon International rises on emerging as lowest bidder by NHSRCL
Ircon International rises on emerging as lowest bidder by NHSRCL
Source: Accord Fintech
6/10/2021 9:36:24 AM
Update on IRCON International By Yash Gupta, Angel Broking Below are Update on IRCON International By Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd      IRCON International stock down by 6.7% as company announced OFS (Offer for sale) up to 4.70 crores shares with option of additional sell of 2.82 lakhs shares with floor price of Rs88.   Promoter of the company “Ministry of Railways, Government of India” coming up with OFS of 10% of total issued equity share capi...
Update on IRCON International By Yash Gupta, Angel Broking
Update on IRCON International By Yash Gupta, Angel Broking
Source: Angel Broking Ltd
3/03/2021 12:01:50 PM