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Loveleen Goyal

21st Jul 2025 · SEBI-Registered Analyst

IRCON

IRCON
shares will remain in focus on July 21 following the company's joint ventures received a project worth total value of Rs 755,78,21,993.63. Rail Vikas Nigam Limited (RVNL) has awarded a Letter of Award for the project to the joint ventures of company with JPWIPL (i.e., IRCON – 70% & JPIWL – 30%). The IRCON's share win this contract is Rs 529,04,75,***** Metropolitan Region Development Authority (MMRDA) has awarded the work to Ircon International for 220 kV receiving substation including 220 kV, 33kV & 25kV Cabling Work, Complete 25kV Overhead Catenary System along with switching station, 33kV Auxiliary Power Distribution System Including 33/0.415 kV Auxiliary Sub-Station (ASS) and Complete SCADA System, Electrical and Mechanical works, Lift & Escalator Works for part of Main Line, Stations & Kasheli Depot of Mumbai Metro Rail Line 5 Project of MMRDA Including 5 Years of Comprehensive Maintenance after 2 Years of Defect Liability and Maintenance ***** said contract value is Rs 471.29 crore and euro 2,837,178. Also, MMRDA has awarded the work of Rs 642.44 crore and euro 2,788,168.31 to Ircon International for Line 6 [Swami Samarth Nagar to Vikhroli (EEH)] of Mumbai Metro Rail Projec

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