PSU Shares in Focus: IRCON International bags major work order worth Rs 253.56 crore
Shares of IRCON International Ltd are in focus as the railway PSU has secured a major work order from Indian Railways.
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New Delhi, 20 May, 2025: Shares of IRCON International Ltd are in focus as the railway PSU has secured a major work order from Indian Railways.
According to the exchange filing, South Western Railway, (Indian Railway) has awarded the work order to IRCON International Limited for survey, design, supply, installation, testing and commissioning of KAVACH equipment and other associated works over 778 RKM of Bengaluru and Mysuru Divisions of South Western Railway.
The time needed to execute the order is 18 Months from Date of Issue of the LOA. The cost of the project is Rs 253.56 crores.
Shares of IRCON International Ltd were closed at Rs 188.62, down by 4.42% at BSE.
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