Infra stock jumps 3% after receiving multiple orders worth ₹756 CrInfra stock jumps 3% after receiving multiple orders worth ₹756 Cr

Introduction:

Leading infra firm saw shares jump after securing metro rail contracts worth over ₹756 crore, awarded by RVNL and MMRDA for major projects in Mumbai Metro Lines 5 and 6.

Also Read: Stock jumps 12% after Mukul Agrawal increases 2.5% stake in the company

Share price movement of Ircon:

On July 21, 2025, Ircon International Ltd opened at ₹192.10, up 2.75% from its previous close of ₹186.95. The stock touched a high of ₹195.00 and a low of ₹190.60. By 11:45 AM, it traded at ₹191.25, marking a 2.30% increase, with a market cap of ₹17,987.36 crore.

Ircon Shares Rise After ₹756 Cr Orders:

Ircon International shares surged in early trade on July 21 after receiving major project awards. The contracts were granted by Rail Vikas Nigam Limited (RVNL) and Mumbai Metropolitan Region Development Authority (MMRDA).

RVNL awarded a Letter of Award to the joint venture of Ircon (70%) and JPWIPL (30%) for a project worth ₹755.78 crore. The project involves various metro infrastructure works under Mumbai Metro Line 5, including electrical, mechanical, and SCADA systems.

Additionally, MMRDA awarded another contract worth ₹642.44 crore and €2.78 million to Ircon International for metro Line 6 from Swami Samarth Nagar to Vikhroli, enhancing urban rail connectivity.

Recent news on Ircon:

As of May 20, 2025, IRCON International Ltd secured a ₹253.6 crore contract from South Western Railway to implement the KAVACH safety system across 778 route kilometers in Karnataka.

Stock performance of Ircon for Period of 1 week, 6 months, and 1 year:

Ircon International Ltd delivered a -2.18% return over the past week and declined by 11.0% in the past six months. The stock fell 40.9% over the past year.

Also Read: Infra stock hits upper circuit after company to consider stock split and bonus shares

Shareholding pattern of Ircon:

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	65.20%	65.20%	65.20%
FII	4.60%	4.10%	4.10%
DII	1.90%	1.90%	1.70%
Public	28.40%	29%	29%

About Ircon:

Ircon International Ltd (NSE: IRCON), established in 1976, is a government-owned engineering and construction PSU specializing in large, complex infrastructure projects across railways, highways, and other sectors in India and abroad.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.