IRCON Stock Rebounds with 8.85% Surge After Securing Major EPC Deal

International’s share price surged by 8.85% during the morning trade on March 18, following news that its joint venture (JV) secured an EPC contract worth Rs 1096 crore. This positive rally came after five consecutive days of losses. Notably, the stock had fallen more than 61% from its 52-week high, adding to the significance of this bounce-back. Investors are closely watching whether this uptick signals a reversal or if it’s just a temporary event-driven rally. Will the rally continue, or is it just an event-driven spike? Share your thoughts in the comments below! Disclaimer: This post is for informational purposes only and does not constitute investment advice.