IRCON gets East Central Railway EPC order of Rs. 862,45,93,012.51
Ircon Intl. · Construction
What the filing says
- Letter of Acceptance for EPC works: ballast and P.Way materials, track laying and linking for 32.5 T axle load in Gomoh-Koderma and Gaya-Son Nagar sections
- Time period for execution is 365 days; the order is from a domestic entity, East Central Railway
- Promoter/promoter group has no interest in the awarding entity; the order is not a related party transaction
Why it's rated notable: A Letter of Acceptance worth Rs. 862,45,93,012.51 is about 9.3% of the ₹9,241 crore annual revenue, which falls in the 2-10% medium band.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.