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Ircon

Railway stocks in focus; RVNL, IRFC, IRCON, Titagarh Rail zoom up to 7%

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

Railway stocks in focus; RVNL, IRFC, IRCON, Titagarh Rail zoom up to 7%
Updated On : 17 Oct 2024 | 11:39 AM IST

Ircon International stock zooms 5% on securing order worth Rs 751 cr order

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

Ircon International stock zooms 5% on securing order worth Rs 751 cr order
Updated On : 05 Jul 2024 | 10:33 AM IST

RailTel share gains 10% in two days on receiving new orders; details here

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

RailTel share gains 10% in two days on receiving new orders; details here
Updated On : 11 Jun 2024 | 1:34 PM IST

Rail stocks: IRFC, IRCON, Texmaco Rail rally up to 15% on heavy volumes

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

Rail stocks: IRFC, IRCON, Texmaco Rail rally up to 15% on heavy volumes
Updated On : 14 Mar 2024 | 3:17 PM IST

REC, PFC, IRFC zoom over 200% in FY24. Time to exit PSU stocks?

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

REC, PFC, IRFC zoom over 200% in FY24. Time to exit PSU stocks?
Updated On : 13 Dec 2023 | 1:39 PM IST

Centre to sell up to 8% stake in state-run IRCON International this week

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)

Centre to sell up to 8% stake in state-run IRCON International this week
Updated On : 06 Dec 2023 | 7:45 PM IST

Rail stocks in demand: Titagarh, IRCON, RailTel, RVNL rally up to 19%

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

Rail stocks in demand: Titagarh, IRCON, RailTel, RVNL rally up to 19%
Updated On : 17 Nov 2023 | 2:54 PM IST

Ircon bags Rs 144 crore order from N F Railway Construction in Manipur

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.

Ircon bags Rs 144 crore order from N F Railway Construction in Manipur
Updated On : 17 Jul 2023 | 9:29 PM IST

Ircon Int'l, RVNL surge up to 10%, hit 52-week high on heavy volumes

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 Int'l, RVNL surge up to 10%, hit 52-week high on heavy volumes
Updated On : 24 Apr 2023 | 11:36 AM IST

Ircon emerges lowest bidder for two projects of NHAI and Chennai Metro Rail

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

Ircon emerges lowest bidder for two projects of NHAI and Chennai Metro Rail
Updated On : 26 Nov 2021 | 3:19 PM IST

IRCON's consolidated Q1 net profit up over 2.5 times to Rs 88.99 crore

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.

IRCON's consolidated Q1 net profit up over 2.5 times to Rs 88.99 crore
Updated On : 12 Aug 2021 | 7:23 PM IST

IRCON dips 7% as govt begins to offload up to 16% stake via OFS

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

IRCON dips 7% as govt begins to offload up to 16% stake via OFS
Updated On : 03 Mar 2021 | 10:25 AM IST

Stocks to watch: Ircon Int'l, Ion Exchange, YES Bank, Ruchi Soya, BoB, RIL

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

Stocks to watch: Ircon Int'l, Ion Exchange, YES Bank, Ruchi Soya, BoB, RIL
Updated On : 03 Mar 2021 | 8:47 AM IST
Updated On : 02 Mar 2021 | 8:28 PM IST

Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr

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

Ircon marks 27% growth in Q4 profit at Rs 122 cr, turnover at Rs 1,788 cr
Updated On : 11 Jul 2020 | 12:54 PM IST

32 firms show interest in redevelopment of four railway stations

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

32 firms show interest in redevelopment of four railway stations
Updated On : 27 Jun 2020 | 3:04 AM IST

Ircon International, BEML sign pact to explore opportunities overseas

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

Ircon International, BEML sign pact to explore opportunities overseas
Updated On : 31 Dec 2019 | 6:31 PM IST

Ircon's top agenda: Rs 13,000-crore rail projects to better coal traffic

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

Ircon's top agenda: Rs 13,000-crore rail projects to better coal traffic
Updated On : 06 Jun 2019 | 2:41 AM IST

Ircon to raise funds by issuing fresh equity, diluting govt's stake to 75%

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

Ircon to raise funds by issuing fresh equity, diluting govt's stake to 75%
Updated On : 19 May 2019 | 1:49 PM IST

Ircon's Rs 4.7-bn IPO opens Sep 17, Rs 10 discount for retail investor

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

Ircon's Rs 4.7-bn IPO opens Sep 17, Rs 10 discount for retail investor
Updated On : 07 Sep 2018 | 5:26 PM IST