The Nifty SmallCap index surged 2.70 per cent, or 410.7 points, to hit an intraday high of 15,579.15. Similarly, the Nifty MidCap index increased 1.72 per cent to an intraday high of 50,609.25
Ircon International posted a 64.8 per cent decline in net profit year-on-year (Y-o-Y) to Rs 86.1 crore as compared to Rs 244.7 crore
The uptick in Ircon International share price came after the company announced that it has been awarded the Letter of Acceptance (LoA) worth Rs 194.45 crore by Central Railway
Jupiter Wagons, Titagarh Wagons, BEML, RITES, Rail Vikas Nigam, IRCON International, IRFC, Texmaco Rail, RateGain Travel and RailTel Corporation are up in the range of 3% to 7% in intraday trade.
The Amril-Ircon joint venture will construct rigid pavement and lined drain of selected roads under Imphal East Division (ED - 2) of total length of 122.209 km
The capital expenditure (capex) allocation for the railway sector is expected to rise by 20 per cent in Budget 2025-26, according to reports
Key projects, including the PLI scheme for train parts, Gati Shakti inclusion, redevelopment of railway stations, and the multitracking project, are opening unparalleled possibilities for the sector
The rating has been assigned to the company by Infometrics as a part of a regular rating exercise
Ircon International's revenue from operations fell 19.3 per cent for the quarter under review to Rs 2,448 crore as compared to Rs 3,033 crore a year ago
Technical chart shows that the key momentum oscillators for these 5 NSE stocks have turned negative; In case of a pullback, here are the key resistance levels for these 5 stocks.
The uptick in Ircon International share price came after the company announced that it has inked a memorandum of understanding (MoU) with Patel Engineering.