Ircon International is currently trading at Rs. 80.85, up by 0.50 points or 0.62% from its previous closing of Rs. 80.35 on the BSE.
The scrip opened at Rs. 83.10 and has touched a high and low of Rs. 83.75 and Rs. 80.40 respectively. So far 74935 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 119.76 on 19-Feb-2020 and a 52 week low of Rs. 58.20 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 90.70 and Rs. 79.40 respectively. The current market cap of the company is Rs. 3839.66 crore.
The promoters holding in the company stood at 89.18%, while Institutions and Non-Institutions held 3.08% and 7.74% respectively.
Ircon International has secured works of total 9 Road Over Bridges (ROBs) valuing more than Rs 400 crore from the Ministry of Railways, Government of India. The work has been awarded by the Ministry of Railways through a competitive bidding among PSUs. The scope of work is to provide PMC services for Construction of ROBs in lieu of existing Level Crossings. The period of completion is 24 Months from the date of signing of MOU with Zonal Railways. A Memorandum of Understanding (MoU) will be executed between the PSU and the concerned zonal Railway.
Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects, including, railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities.