The state-owned firm on Friday posted about 50 per cent rise in its consolidated net profit
State-owned engineering and construction firm Ircon International Ltd on Thursday posted an over 2-fold jump in consolidated net profit to Rs 88.99 crore for the June quarter, helped by higher income
Ircon International board approved the issue of bonus shares in the ratio of 1:1
Choice Broking has 'BUY' rating on the stock with a target price of Rs 174.5
Easy Trip Planners of easemytrip.com fame to launch Rs 510-crore IPO on Monday
Through the share sale, the government seeks to mop up Rs 675 crore. Shares of Ircon closed at Rs 91.25 on Thursday.
Bharti Airtel has raised $750 million through allotment of 'unsecured senior fixed rate notes' to eligible investors
The E5 Series Shinkansen, operated by the East Japan Railway Company, travels at an average speed of 320 km per hour, with a top speed of 350 km per hour
PNC Infratech was up 8 per cent at Rs 189 after the company in JV with SPML Infra, announced receipt of LOA for an EPC project for 10 years of Rural Water Supply Project in UP.
"Ircon International Limited has secured works of total 9 Road Over Bridges (ROBs) valuing more than Rs 400 crore from Ministry of Railways, Government of India," the company said in a filing
State-owned engineering and construction firm Ircon International Ltd on Tuesday reported a consolidated net profit of Rs 34.46 crore for the quarter ended June. It had clocked a consolidated net profit of Rs 144.66 crore in the corresponding period a year ago, it said in a regulatory filing. As per the filing, the results for the quarter are "not comparable with those of the previous quarters" as the company's revenue from operations for the quarter has reduced substantially due to nationwide lockdown imposed to contain the spread of COVID-19". Ircon's total income in the latest June quarter was at Rs 549.29 crore as against Rs 1,127.98 crore in the year-ago period. "The Company/Group is actively monitoring the impact of the COVID-19 pandemic on its financial condition, liquidity, operations, work force etc," it said, adding that revenue from operations for the quarter reduced substantially due to nationwide lockdown imposed to contain the spread of COVID-19. According to the ...
Earnings per share increased to Rs 13.02 in Q4 FY20 as compared to Rs 10.16 in Q4 FY19, it said in a statement late on Friday after the closing of market hours
Analysts believe the resumption of passenger train services is like a sentimental boost from the government and can give a short-term bounce to the stocks, an extension of lockdown may dent sentiment
The company's consolidated earnings before interest, tax, depreciation, and amortisation (Ebitda) margin improved to 12.7 per cent in Q3FY20
The stock settled at Rs 412.95, 13% below its issue price of Rs 475 per share on the NSE.
Ircon's IPO is the second by a government-owned entity this financial year
Ircon might have to speed up this procedure and wind up its AGM by August to go for its listing in September