Ircon International stock jumps after receiving new order worth ₹510 CrIrcon International stock jumps after receiving new order worth ₹510 Cr

Introduction

Leading infrastructure company has received a ₹510.46 crore EPC order from Meghalaya Infrastructure Development & Finance Corporation to construct eight Eklavya Model Residential Schools, covering design, engineering, procurement, and construction over a 36-month period.

Also Read: Hindustan Foods stock in focus after company enters waste management and recycling sector

Share price movement of IRCON

On August 22, 2025, IRCON International Ltd opened at ₹171.50, up 0.82% from its previous close of ₹170.10. The stock reached a high of ₹174.05 and a low of ₹168.65. At 1:33 PM, it traded at ₹171.90, a 1.06% increase, with a market cap of ₹16,167.47 crore.

IRCON Secures ₹510 Crore EPC School Project

IRCON International Limited has received a Letter of Award from Meghalaya Infrastructure Development & Finance Corporation Limited, Shillong. The project involves constructing Eklavya Model Residential Schools at eight locations under an EPC contract, Package-II.

The contract is valued at ₹510.46 crore and is scheduled for execution over 36 months. The project includes design, engineering, procurement, and construction of residential schools across the state of Meghalaya.

IRCON confirmed that neither promoters nor group companies have any interest in the awarding entity. The order does not fall under related party transactions and is fully domestic in nature.

Recent news on IRCON

As of August 08, 2025, IRCON International Ltd received a Letter of Acceptance from MMRDA for Package CA-233 of Mumbai Metro Line 6, covering 15.18 km between Swami Samarth Nagar and Vikhroli.

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

IRCON International Ltd delivered a 2.90% return over the past week, gained 7.24% in the past six months, and declined 35.9% over the past year.

Also Read: Texmaco Rail stock jumps after receiving ₹103.16 Cr order from Leap Grain Rail Logistics

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%	29%	29%

About IRCON

IRCON International Ltd (NSE: IRCON) began in 1976 as a railway construction company and has evolved into an integrated engineering and construction PSU, executing large, complex infrastructure projects in railways, highways, and other sectors.

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