IRCON International: Stock jumps after receiving contract worth ₹225 Cr from North East Frontier RailwaysIRCON International: Stock jumps after receiving contract worth ₹225 Cr from North East Frontier Railways

Introduction

Leading infrastructure firm has received a Rs 224.49 crore contract from North East Frontier Railways for civil, electrical, mechanical, and telecom works, including Vande Bharat maintenance, loco shed, and freight facilities in Northeast India.

Also Read: SEPC: Stock jumps after bagging ₹32 Cr contract for ADNOC Projects

Share price movement of Ircon International

On October 1, 2025, IRCON International Ltd opened at ₹171.40, up 0.20% from its previous close of ₹171.05. The stock reached a high of ₹174.15 and a low of ₹171.40. By 1:30 PM, it traded at ₹172.55, a 0.88% increase, with a market cap of ₹16,228.60 crore.

Ircon International Secures Rs 224 Crore NFR Contract

Ircon International Ltd has received a Letter of Acceptance from North East Frontier Railways (NFR) for composite civil, electrical, mechanical, and signal & telecom works across multiple locations in Northeast India.

The contract includes upgrading maintenance infrastructure at NJP for energy-efficient Vande Bharat Express, constructing a GE loco shed at SGUJ for 250 locomotives, and new freight maintenance facilities in Katihar division.

The order is domestic, valued at Rs 224.49 crore, to be completed in 18 months. Promoters have no interest in NFR, and the contract is not a related party transaction.

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

IRCON International Ltd delivered a -2.25% return over the past week. It gained 10.9% over the past six months but declined by 24.1% over the past year.

Also Read: RailTel: Stock jumps after receiving multiple orders worth ₹88 Cr

Shareholding pattern of Ircon International

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	65.20%	65.20%	65.20%
FII	5%	4%	4%
DII	1.90%	1.90%	1.70%
Public	28.40%	29%	29.00%

About Ircon International

Ircon International Ltd (NSE: IRCON), established in 1976, is a Navratna PSU specializing in complex railway and infrastructure projects. The government holds 65% stake after divesting 8% in FY24.

Stay Ahead with the Latest Stock Market Updates – Click Here

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.

FAQs