
IRCON International shares in focus on fresh order win
Shares of IRCON International, are in focus on Tuesday it has received a significant order valued at Rs 127.80 crore from S&T (Construction) of the North Western Railway, Indian Railways.
The project involves the design, manufacture, supply, installation, testing, and commissioning of a microprocessor-based EI system. This ambitious project is set to be executed within 24 months from the issuance of the letter of acceptance. It encompasses work across 20 stations in the Ajmer Division, featuring automatic block signalling and related signalling and telecom systems. This order comes amid challenging financial results for IRCON.
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