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Ircon International Ltd News

Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why

The GoI is focusing on improving the railway infra and ensures faster development and completion of tracks, rail electrification, rolling stock manufacturing and delivery of passenger freight services

Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why
Updated On : 08 Jul 2024 | 11:11 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 | 10:29 AM IST

Jio Fin, Zomato part of Nifty50? List of likely F&O inclusions, exclusions

Market regulator Sebi tweaked the selection criteria for stocks to join and exit the derivatives (F&O) segment on Thursday, June 27

Jio Fin, Zomato part of Nifty50? List of likely F&O inclusions, exclusions
Updated On : 28 Jun 2024 | 8:45 AM IST

Railway stocks in focus; RailTel, RVNL, Texmaco, RITES zoom up to 13%

The Indian Railways' fast-track approach and the government's push for Atmanirbhar Bharat have catalysed to chart new frontiers

Railway stocks in focus; RailTel, RVNL, Texmaco, RITES zoom up to 13%
Updated On : 21 Jun 2024 | 1:44 PM IST

Ircon International shares slide 5% on sluggish Q4 show; profits dip by 4%

The engineering and construction firm saw a decline of 3.8 per cent in its consolidated net profit, totaling Rs 246.8 crore for the March quarter, compared to Rs 256.49 crore from the same period last

Ircon International shares slide 5% on sluggish Q4 show; profits dip by 4%
Updated On : 22 May 2024 | 12:44 PM IST

Ircon International Q4 results: Net profit rises 15% to Rs 286 crore

Ircon International Ltd on Tuesday said it has posted a 15.1 per cent growth in its profit after tax at Rs 285.68 crore during the March 2024 quarter. It had clocked Rs 248.18 crore profit after tax (PAT) during the January-March quarter of the 2022-23 financial year, Ircon International said in a statement. Profit after tax increased by 21.5 per cent to Rs 930 crore in FY24 as against Rs 765 crore in FY23. Total revenue of the company rose 0.6 per cent to Rs 3,796.59 crore from Rs 3,773.97 crore in the year-ago quarter. As on March 31, 2024, the company's total order book stood at Rs 27,208 crore. The company's board has recommended a final dividend of Rs 1.30 per equity share on a face value of Rs 2 per share for FY24. State-owned Ircon International Ltd is a leading turnkey construction company. The company has executed projects in the areas of railway construction, including ballastless track, electrification, tunnelling, signal & telecommunication.

Ircon International Q4 results: Net profit rises 15% to Rs 286 crore
Updated On : 21 May 2024 | 8:07 PM IST

CPSE stocks on a roll; RVNL, Hudco, SJVN, Cochin Shipyard surge up to 15%

CPSE stocks: At 02:08 PM, the CPSE index, the top gainer among broader indices, was up 2.5 per cent

CPSE stocks on a roll; RVNL, Hudco, SJVN, Cochin Shipyard surge up to 15%
Updated On : 21 May 2024 | 2:48 PM IST

Rail-related stocks in demand for second straight day; RailTel, RVNL lead

Shares of Indian railways related firms have gained up to 8% in the last two days on back of order wins, and sentiment booster from Indian minister talk.

Rail-related stocks in demand for second straight day; RailTel, RVNL lead
Updated On : 15 May 2024 | 1:41 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 | 3:09 PM IST

Are the Nifty PSU indices staring at up to 15% fall from current levels?

This particular technical indicator on the weekly charts suggests that the Nifty PSE, CPSE and PSU Bank indices could consolidate or dip in the near-term

Are the Nifty PSU indices staring at up to 15% fall from current levels?
Updated On : 11 Mar 2024 | 4:08 PM IST

Rail shares in focus after PM flags-off Rs 41K cr projects; RailTel up 16%

Shares of RailTel zoomed nearly 16 per cent in intra-day deals on Tuesday and have gained over 43 per cent so far this calendar year.

Rail shares in focus after PM flags-off Rs 41K cr projects; RailTel up 16%
Updated On : 27 Feb 2024 | 11:36 AM IST

Mid, Smallcap indices stay afloat in a choppy January; analysts cautious

The BSE Midcap and Smallcap indices have gained up to 4 per cent this month, as of Jan 25, while the benchmark BSE Sensex has declined over 2 per cent.

Mid, Smallcap indices stay afloat in a choppy January; analysts cautious
Updated On : 29 Jan 2024 | 10:14 AM IST