Monday, 28 Jul 2025
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Subscribe
Brinks Report
  • Featured
  • Money Matters
  • Business
  • IPL
  • Technology
  • Automobile
  • Entertainment
  • Sports
  • More
    • People
    • World
    • Health and Wellness
    • Horoscope
  • Today’s News
  • 🔥
  • World
  • Business
  • Economy
  • Technology
  • Automobile
  • Entertainment
  • People
  • India
  • Sports
  • IPL
Font ResizerAa
Brinks ReportBrinks Report
Search
  • Featured
  • Money Matters
  • Business
  • IPL
  • Technology
  • Automobile
  • Entertainment
  • Sports
  • More
    • People
    • World
    • Health and Wellness
    • Horoscope
  • Today’s News
Have an existing account? Sign In
Follow US
© 2024-2025 Brinks Report. All content, including text, images, and other media, is copyrighted.
Brinks Report > Blog > Business > IRCON International Shares Rise by 1.7% After Winning Rs 873-Crore Railway Tunnel Contract
BusinessEconomy

IRCON International Shares Rise by 1.7% After Winning Rs 873-Crore Railway Tunnel Contract

Ankita Das
Last updated: April 1, 2025 10:50 am
Ankita Das
Share
Ircon wins rs 873-crore tunnel contract, shares rise 1. 7%
SHARE
Trulli

IRCON International’s stock price went up by 1.7% after the company won a big Rs 873-crore contract for building railway tunnels. This project includes the construction of two tunnels, T1 (from Km 33+160 to Km 34+400) and T2 (from Km 57+400 to Km 66+040), along with a special track and other related works. It’s part of a new, electrified, broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, covering a total of 198 km in Madhya Pradesh’s Ratlam and Bhopal areas.

IRCON holds a 70% share in this joint project, which is worth Rs 610.88 crore, while SSNR Projects owns the remaining 30%. The project, valued at Rs 872.69 crore, is expected to be completed in 40 months, with an additional six months for fixing any issues that might come up after the work is finished.

Trulli

Also See: Infosys Joins Hands with Linux Foundation Networking to Boost AI in Global Networking

IRCON International is a top public-sector company, known for its expertise in railways and highways. It has operations in many parts of India and other countries, including Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka.

In its recent financial report for the third quarter of December 2024, IRCON’s profit dropped by 64.81%, down to Rs 86.10 crore. The company’s revenue also fell by 10.81%, reaching Rs 2,612.86 crore, compared to the same period in 2023.

Image Slider
Image 1 Image 2 Image 3
TAGGED:Indian InfrastructureIRCON ContractIrcon InternationalIRCON StockMadhya Pradesh RailwayRailway Tunnel Project
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
What do you think?
Love0
Sad0
Happy0
Joy0
Sleepy0
Angry0
Surprise0
Previous Article Toyota stock plummets 9. 4% as trump's 25% tariff bombshell rocks auto industry Toyota Stock Plummets 9.4% as Trump’s 25% Tariff Bombshell Rocks Auto Industry
Next Article Why sterlite’s demerger could reshape india’s internet landscape Why Sterlite’s Demerger Could Reshape India’s Internet Landscape
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Brink’s Report delivers fresh, unbiased, and engaging content across politics, business, tech, entertainment, and more. From breaking news to deep dives, we keep you informed—and intrigued—with accurate reporting and diverse perspectives. Explore the world, one story at a time.
FacebookLike
XFollow
RSS FeedFollow
Ad image

You Might Also Like

Trump signs order requiring proof of citizenship to vote in us elections
Economy

Donald Trump Signs Order Requiring Proof of Citizenship to Vote in US Elections

By
Ankita Das
Transportone
Business

Mars Petcare’s AI Revolution: TransportOne Redefines Pet Product Logistics Across India

By
Dolon Mondal
Coromandel international shares
Business

Coromandel International Shares Rise 2.11% Amid Strong Financials

By
Dolon Mondal
Japan, china & south korea discuss key issues in tokyo meeting
BusinessEconomy

Japan, China, and South Korea unite to discuss key security & economic issues in Tokyo. Will this shape the future of East Asia?

By
Ankita Das
Ad image

About US


Brink’s Report delivers fresh, unbiased, and engaging content across politics, business, tech, entertainment, and more. From breaking news to deep dives, we keep you informed—and intrigued—with accurate reporting and diverse perspectives. Explore the world, one story at a time.

Top Categories
  • World
  • Business
  • Economy
  • Technology
Usefull Links
  • Contact Us
  • About Us
  • Privacy Policy
  • DMCA

© 2024-2025 Brinks Report. All content, including text, images, and other media, is copyrighted.