Ircon International Limited (IRCON) has been awarded the work for procurement of Design, Installation, Testing, Commissioning and Certifying of Signalling and Telecommunication system from Maho Junction (Including) to Anuradhapura (Excluding) by Sri Lanka Railways, Ministry of Transport, Sri Lanka, under Indian Line of Credit at a total price of USD 14.89 Million equivalent to approx. INR 122 Crore.
This work has been awarded on competitive bidding basis and the contract period will be 24 months from the date of signing of the Contract Agreement.
Shares of Ircon International Limited was last trading in BSE at Rs. 64.85 as compared to the previous close of Rs. 62.05. The total number of shares traded during the day was 1259680 in over 7139 trades.
The stock hit an intraday high of Rs. 65.50 and intraday low of 61.25. The net turnover during the day was Rs. 79797152.00.