[ad_1] Ircon International Limited (IRCON), through its joint venture with SSNR Projects Private Limited (IRCON-SSNR JV), has been awarded a major railway infrastructure project by Rail Vikas Nigam Ltd. The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel 2 (from Km 57+400 to Km 66+040), along with a […]
IRCON-BRC joint venture wins ₹1,096 crore EPC contract for new Shillong secretariat – CNBC TV18
[ad_1] State-owned engineering and construction firm IRCON International Ltd on Monday (March 17) said the company in a joint venture with Badri Rai and Company (BRC), has secured an Engineering, Procurement, and Construction (EPC) contract worth ₹1,096.17 crore from the Directorate of Urban Affairs, Government of Meghalaya. “…it is to inform that IRCON has been […]
Railway Stocks Crash: IRFC, RVNL, IRCON shares fall 10% after FY26 allocation in Budget 2025 – CNBC TV18
[ad_1] India’s state-run and private railway-linked stocks like IRFC Ltd., RVNL Ltd., IRCON International Ltd., RailTel Ltd. and IRCTC Ltd. have seen a sharp sell-off of up to 6% after their budgetary allocation for financial year 2026. Company Value Change %Change Shares of IRFC ended over 6% lower, while those of RVNL and IRCON ended trading […]
Budget 2025: Railway PSUs IRFC, RVNL see sharp sell-off after no increase in allocation – CNBC TV18
[ad_1] India’s state-run and private railway-linked stocks like IRFC Ltd., RVNL Ltd., IRCON International Ltd., RailTel Ltd. and IRCTC Ltd. have seen a sharp sell-off of up to 6% after their budgetary allocation for financial year 2026. Company Value Change %Change Shares of IRFC are down over 5%, while those of RVNL and IRCON are trading […]
RVNL shares snap a nine-day losing streak post order win, peers like RITES gain up to 11% – CNBC TV18
[ad_1] Shares of Rail Vikas Nigam Ltd. gained as much as 7% on Tuesday, December 31, snapping a nine-day losing streak, after the company was declared the lowest bidder for a project on Monday. Company Value Change %Change RVNL had informed the exchanges on Monday that the company has been declared the lowest (L1) bidder […]
PSU rail stocks alert: RVNL, IRCON shares fall up to 7% after Q2 margin pressure – CNBC TV18
[ad_1] Shares of railway PSU stocks like Rail Vikas Nigam Ltd. and Ircon International Ltd. are witnessing a bout of profit booking. These stocks are down by 7% and 6%, respectively, on Friday, November 8. The sharp selloff in the stock prices came after RVNL and Ircon International announced their September quarter results after market […]
Trade Setup for October 17: Will the Nifty struggles continue on weekly expiry day? – CNBC TV18
[ad_1] The struggles for the Nifty continue. There was a day it struggled despite a strong global handover, but Wednesday, that strong handover was also missing. The weakness in the global markets, coupled with the index’s own struggles at higher levels, took the Nifty back below key levels yet again. Yes, there was some recovery […]
IRCON International faces ₹38.71 crore claim by contractor Apex Buildsys – CNBC TV18
[ad_1] State-owned IRCON International Ltd on Monday (October 7) disclosed that Apex Buildsys Ltd, a contractor for the company, has initiated a ₹38.71 crore claim currently under arbitration. “…this is to inform you that Apex Buildsys Limited, a contractor of the Company, has initiated claims against the Company. The claim is being adjudicated by an […]
Railway Stocks IRFC, IRCON shares down over 30% from peak; How are peers faring? – CNBC TV18
[ad_1] SUMMARY From IRFC to Titagarh Rail, these railway stocks have corrected anywhere between 30% to 40% from their peaks in July. 1 / 9 Railway stocks are witnessing sustained selling pressure, having had a strong start to the year and making new record highs. However, with most of them having topped in July, they […]
Trade Setup for August 9: Can bulls prevent the Nifty from posting its worst week of 2024? – CNBC TV18
[ad_1] We had posed this question in the morning whether the move seen on Wednesday was the start of a sustained recovery or a bull trap ahead of key events. Turns out that the answer veers more towards the latter but Thursday’s session was more topsy-turvy and volatile than a full fledged sell-off. The Nifty […]