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The Economic Times
The Economic Times
Business
Ritesh Presswala

Ircon International shares jump 7% on Rs 862 crore railway EPC contract win

Shares of Ircon International rallied 7% to hit an intraday high of Rs 111.68 during Tuesday’s trading session after the company secured an engineering, procurement and construction (EPC) contract worth around Rs 862.46 crore from East Central Railway.

In a regulatory filing, the company said it had received a Letter of Acceptance to execute track-related works for the construction of the third and fourth railway lines under the Son Nagar–Andal project.

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