Ircon

The rally in these stocks is attributed to the Union Cabinet's approval of a multi-tracking project for the Ministry of Railways in Uttar Pradesh, estimated to cost RS 2,642 crore

The surge in share price ame after the company announced that Ircon-Paras-PCM joint venture (JV) has been awarded with a letter of award (LoA) for the project worth Rs 751 crore, floated by RVNL

Shares of RailTel Corporation of India surged by 8.8 per cent at Rs 418.50 per share on the BSE in Tuesday's intraday trade. The stock extended its rally from the previous day

Indian Railway Finance Corporation (IRFC), and Engineering, IRCON International, RailTel Corporation of India, RITES, Rail Vikas Nigam (RNVL) and Titagarh Rail Systems have rallied 8 to 15

A K Prabhakar, head of research at IDBI Capital, too remains selective and suggests investors exit power sector stocks such as REC and PFC where the run up has been sharp

The government owns 73.18% in the engineering and construction company, and the 8% stake sale will help the government to raise about 11.59 billion rupees ($139.11 million)

The Indian Rail Freight Industry is experiencing significant growth and improvements, with ambitious plans and increased investment aimed at enhancing capacity, efficiency, and sustainability

Ircon International Ltd on Monday said it has bagged orders worth Rs 144 crore from N F Railway Construction in Manipur. The company received the Letter of Acceptance (LoA) from N F Railway Construction on July 17. In a regulatory filing, Ircon International Ltd (Ircon) said it has has been awarded the work for supply, installation, testing, and commissioning of integrated tunnel communication systems, optical fibre cable-based industrial grade network system. The laying of the optical fibre cables and other cables for the railway network will also cover tunnels and stations in the Jiribam-Khongsang section of the Jiribam-Imphal new railway line project. The Rs 144 crore-order, bagged through a competitive bidding, is to be completed within 365 days from the date of issuance of the LoA. Ircon, under the Ministry of Railways, is a leading turnkey construction company.

In past one month, RVNL and Ircon International have rallied 30 per cent each at the bourses, as against nearly 4 per cent rise in the Sensex.

Ircon emerges lowest bidder for projects worth ₹1,462 cr

Total income during the period under review was Rs 1,175.54 crore, up from Rs 549.29 crore in the same months of FY21.

The floor price of Rs 88 is at a 10 per cent discount over IRCON's closing price of Rs 97.85 on Tuesday

YES Bank's shareholders have approved a proposal for raising Rs 10,000 crore capital

The floor price is Rs 88 per share

Earnings per share increased to Rs 13.02 in Q4 FY20 as compared to Rs 10.16 in Q4 FY19, it said in a statement late on Friday after the closing of market hours

Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment

The pact aims at promoting supply of BEML manufactured rolling stock as well as construction equipment for railway projects outside India

The Indian Railways has lined up 84 projects with an investment of Rs 98,980 crore to help coal evacuation

The government, which holds 89.18 per cent stake in Ircon International, is required to bring it down to 75 per cent under the Sebi's minimum public shareholding norms

Price band is Rs 470-475 in only second PSU offer this fiscal; Centre to offload 10% stake