IRCON International shares commerce larger than 5-day transferring averages however decrease than 20, 50, 100 and 200-day transferring averages
Shares of engineering and building agency IRCON International rose over 5% right now after the corporate mentioned it secured orders price about Rs 1900 crore for railway electrification works from the Ministry of Railways.
IRCON International share worth touched an intraday excessive of Rs 87.7 rising 5.35% towards its final closing worth of Rs 83.25 on BSE.
The inventory additionally touched an intraday low of Rs 23, additionally its opening worth right now. IRCON International inventory has gained after 2 days of consecutive fall.
IRCON International shares commerce larger than 5-day transferring averages however decrease than 20, 50, 100 and 200-day transferring averages. Market capitalisation of the agency stood at Rs 4,086.54 crore as of right now’s closing session.
IRCON International inventory worth gained 5.2% within the final one week and over 8% for the reason that starting of the 12 months.
The firm mentioned in its regulatory submitting that it has secured railway electrification works for numerous routes of two,251 route kilometre on aggressive bidding foundation amongst PSUs from the Ministry of Railways, Government of India. The order is price roughly Rs 1,900 crore.
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