Ircon International shares gain 4% amid signing MoU Patel Engineering
The shares rose 3.58 percent to hit an intraday high of Rs 231.35 per share.
Ircon International shares gain 4% amid signing MoU Patel Engineering
New Delhi: Ircon International shares traded in the green zone on Thursday, October 17, 2024. The shares rose 3.58 percent to hit an intraday high of Rs 231.35 per share.
The increase in the shares came after the company announced that it has inked a memorandum of understanding (MoU) with Patel Engineering to collaborate and cooperate on exploring, identifying, pursuing, and jointly executing mutually beneficial business opportunities in various infrastructure projects in India and Overseas.
Read Also : RVNL bags Metro Construction Contract from Maharashtra Metro Rail CorporationIn an exchange filing, Ircon International said, “This is to inform that Ircon International Limited has signed a Memorandum of Understanding (MoU) with Patel Engineering Limited on 16th October 2024 for collaboration and co-operation with each other to explore, identify, pursue and jointly execute mutually beneficial business opportunities in various infrastructure projects in India and Overseas.”
At 10:11 AM shares of Ircon International were trading 1.23 per cent higher at Rs 226.10 per share. In comparison, BSE Sensex was trading 0.38 percent lower at 81,192.20 levels.
Read Also : Tata Power Secures 35-Year Power Transmission Project from REC Power DevelopmentNews Must Read
- TCIL celebrates 46th Foundation Day on 15th Oct 2024
- SECL Becomes First Coal Company to Open Four AMRIT Pharmacies
- RVNL wins contract for Nagpur Metro Phase-2 Project
- Ircon International shares gain 4% amid signing MoU Patel Engineering
- RailTel shares surge 10% amid bagging Rs 79 crore order from MHADA
- Larsen & Toubro Wins Order for Agra Metro Network
- Noida airport completes calibration flight to test navigation system
- RBI imposes monetary penalty on SG Finserve limited
- RECPDCL Hands Over Rajasthan-IV H-1 Power Transmission Limited to PowerGrid
- PFC Consulting Limited Signs MoU with Central Electricity Authority