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IRCON International: Stock jumps after signing MoU with Coal India

News by Aliceblue News Desk

09 Oct 2025

IRCON International: Stock jumps after signing MoU with Coal India

Introduction

Leading rail infrastructure company signed a non-binding MoU with Coal India to develop rail infrastructure across its operations and subsidiaries, aiming to enhance transportation efficiency and support coal movement nationwide.

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Share price movement of Ircon International

On October 9, 2025, IRCON International Ltd opened at ₹180.45, up 0.78% from its previous close of ₹179.05. The stock reached a high of ₹180.45 (0.78%) and a low of ₹176.45. By 11:15 AM, it traded at ₹176.80, a 1.26% decrease, with a market cap of ₹16,628.32 crore.

Ircon International Signs MoU with Coal India

Ircon International Limited signed a non-binding Memorandum of Understanding (MoU) with Coal India Limited on October 8, 2025, in Kolkata. The agreement focuses on developing rail infrastructure for Coal India.

The MoU covers collaboration for rail infrastructure projects across Coal India and its subsidiaries. The initiative aims to enhance operational efficiency and support transportation of coal across India.

Recent news on Ircon International

As of September 26, 2025, Ircon International Ltd received a Rs 224.5 crore LOA from North East Frontier Railways for infrastructure and maintenance works at NJP and SGUJ.

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

IRCON International Ltd delivered a 3.15% return over the past week, it gained 19.7% in the past six months. The stock declined 19.6% over the past year.

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Shareholding pattern of Ircon International

ParticularsJun 2025Mar 2025Dec 2024
Promoter65.20%65.20%65.20%
FII4.60%4.10%4.10%
DII2%2%1.70%
Public28%29%29.00%

About Ircon International

Ircon International Ltd (NSE: IRCON), established in 1976, is an integrated engineering and construction PSU specializing in large, complex infrastructure projects, including railways, highways, and other technologically advanced civil engineering developments.

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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.

FAQs

Q: Why is Ircon International share price going up today?

A: Ircon International share price is rising after signing a non-binding MoU with Coal India to develop rail infrastructure nationwide.

Q: What does Ircon International Ltd specialize in?

A: Ircon International Ltd specializes in large, complex infrastructure projects, including railways, highways, and other technologically advanced civil engineering works.

Q: What is the market capitalization of Ircon International Technologies Ltd?

A: Ircon International Technologies Ltd has a market capitalization of approximately ₹16,628.32 crore as of October 9, 2025.

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