Introduction:
Leading railway company has secured a ₹127.8 crore contract from S&T (Construction), North Western Railway, for the design, supply, installation, and commissioning of a microprocessor-based EI system at 20 stations in Ajmer Division.
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Share price movement of Ircon International:
On April 11, 2025, Ircon International Ltd opened at ₹149.25, up 2.52% from its previous close of ₹145.60. The stock reached a high of ₹151.15 (3.80%) and a low of ₹147.70. By 4:00 PM, it traded at ₹149.60, a 2.75% increase, with a market cap of ₹14,070.12 crore.
Ircon International Receives Order from North Western Railway:
Ircon International Ltd has received a Letter of Award (LOA) from S&T (Construction), North Western Railway, Indian Railways, for a project worth ₹127.8 crore. The project involves the design, manufacture, supply, installation, and commissioning of a microprocessor-based EI system.
The contract, which includes Automatic Block Signalling and associated works of Signalling and Telecom Systems, will be carried out at 20 stations in Ajmer Division. The project is expected to be completed within 24 months from the issuance of the LOA.
Recent news on Ircon International:
As of March 29, 2025, Ircon International Ltd (IRCON) through its JV with SSNR Projects, has received a Letter of Award for constructing tunnels and electrified railway lines between Mangliyagaon and Budni stations in Madhya Pradesh.
Stock performance of Ircon International for Period of 1 week, 6 months, and 1 year:
IRCON International Ltd delivered a 3.81% return over the past week, it declined by 33.1% in the past six months. The stock fell 33.9% over the past year.
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Shareholding pattern of Ircon International:
| Particulars | Mar 2025 | Dec 2024 | Sep 2024 |
| Promoter | 65.20% | 65.20% | 65.20% |
| FII | 4.10% | 4.10% | 3.90% |
| DII | 1.90% | 1.70% | 1.90% |
| Public | 28.90% | 29.00% | 29.00% |
About Ircon International:
Ircon International Limited (NSE Symbol: IRCON), established in 1976, is a prominent engineering and construction PSU. It specializes in large, complex infrastructure projects across sectors such as railways, highways, and more, since diversifying in 1985.
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.
