Ircon International share price will remain in focus on October 20 following the company received an order from Petronet LNG worth Rs 360 crore.
Petronet LNG has awarded the work to the company for civil, structural & UG works including piling – PART-A” for PDHPP plant with Ethane and Propane storage and handling facilities at Dahej, Gujarat, which is to be executed in 18 months.
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Earlier in this month, the company executed non-binding memorandum of understanding (MoU) with Coal India with an intent of development of rail infrastructure of Coal India and its subsidiaries.
Last month, North East Frontier Railways (NFR) has awarded the work to Ircon International for composite work (Civil Electrical, Mechanical and Signal & Telecom) of Rs 224.49 crore.
In the previous trading session, the share closed at Rs 169.05, down Rs 4, or 2.31 percent.
The share touched a 52-week high of Rs 237.60 and a 52-week low of Rs 134.30 on 11 December, 2024 and 03 March, 2025, respectively.
Currently, the stock is trading 28.85 percent below its 52-week high and 25.87 percent above its 52-week low.The market capitalisation of the company stands at Rs 15,899.42 crore.