Railway PSU stock gains 3%

Railway construction company IRCON share price surged as much as 3.24 per cent to ₹157.95 apiece in Monday's trading session after the company secured a letter of acceptance from North Eastern Electric Power Corporation Limited (NEEPCO) for a civil works contract worth ₹458.14 crore for the Tato-I Hydro Electric project in Arunachal Pradesh.