MMRDA awards work to Ircon International Ltd

Mumbai Metropolitan Region Development Authority has awarded the work to Ircon International Limited for CA-239, Line-5, Package-2: Design, Manufacture, Supply, Installation, Integration, Testing And Commissioning of 220 kV receiving Substation Including 220 kV, 33kV & 25kV Cabling Work, Complete 25kV Overhead Catenary System along with switching station, 33kV Auxiliary Power Distribution System Including 33/0.415 kV Auxiliary Sub-Station (ASS) And Complete SCADA System, Electrical and Mechanical works, Lift & Escalator Works for part of Main Line, Stations & Kasheli Depot of Mumbai Metro Rail Line 5 Project of MMRDA Including 5 Years of Comprehensive Maintenance after 2 Years of Defect Liability and Maintenance Period.

The order value is INR 471,29,72,820 And EURO 2,837,178 (Rupees Four Hundred and Seventy One Crores Twenty Nine Lakh Seventy Two Thousand Eight Hundred And Twenty Only and EURO Two Million, Eight Hundred Thirty Seven Thousand, One Hundred Seventy Eight Only) (Inclusive of all taxes, except GST & Custom duty).

Shares of Ircon International Limited was last trading in BSE at Rs. 186.95 as compared to the previous close of Rs. 189.70. The total number of shares traded during the day was 97922 in over 1674 trades.

The stock hit an intraday high of Rs. 190.50 and intraday low of 186.25. The net turnover during the day was Rs. 18426617.00.

Source : Equity Bulls

Keywords

IrconInternational INE962Y01021 OrderWin MMRDA