Market Performance
- Ircon International share price jumped by 3.24% in early trade on July 21, 2025.
- The stock was trading at ₹193.00, up by ₹6.05 on the BSE at 09:23 AM.
- In the past year, the stock has:
- Touched a 52-week high of ₹327.95 on July 23, 2024
- Dropped to a 52-week low of ₹134.30 on March 3, 2025
- Currently:
- Trading 41.15% below its 52-week high
- 43.71% above its 52-week low
- Market Capitalisation: ₹18,151.95 crore
- One-year return: -38%
Main News
Ircon International’s stock gained momentum following the announcement of multiple project wins across key metro infrastructure segments.
The company, through joint ventures and direct allocations, has bagged high-value contracts from Rail Vikas Nigam Limited (RVNL) and the Mumbai Metropolitan Region Development Authority (MMRDA).
Company Details
- RVNL Contract:
- Awarded to a joint venture between Ircon (70%) and JPWIPL (30%)
- Total Project Value: ₹755.78 crore
- Ircon’s Share: ₹529.04 crore
- MMRDA Project – Line 5:
- Scope includes: 220 kV receiving substation, cabling work (220kV, 33kV, 25kV), complete OHE system, 33kV auxiliary distribution system, SCADA, electrical & mechanical works, lift & escalator installation
- Also includes: 5 years of comprehensive maintenance after a 2-year defect liability period
- Total Value: ₹471.29 crore + €2,837,178
- MMRDA Project – Line 6 (Swami Samarth Nagar to Vikhroli):
- Total Value: ₹642.44 crore + €2,788,168.31
These strategic wins further strengthen Ircon’s presence in large-scale urban infrastructure and metro rail projects.
Project Value Summary
|
Project |
Client |
Value (INR) |
Value (EUR) |
|
RVNL Rail Contract |
RVNL |
₹755.78 Cr |
– |
|
Ircon’s Share in JV |
– |
₹529.04 Cr |
– |
|
MMRDA Metro Line 5 |
MMRDA |
₹471.29 Cr |
€2,837,178 |
|
MMRDA Metro Line 6 |
MMRDA |
₹642.44 Cr |
€2,788,168.31 |
Summary of the Article
- Ircon International share price surged over 3% in early trade after securing contracts exceeding ₹1,800 crore.
- The deals include both joint venture and standalone project allocations from RVNL and MMRDA.
- The projects span critical metro infrastructure development in Mumbai, reflecting Ircon’s growing project portfolio.
- Despite the recent gain, the stock remains 41% below its 52-week high, although it has rebounded nearly 44% from its yearly low.
- The company’s market capitalisation stands at ₹18,151.95 crore, with a one-year decline of 38%.
