News Muncher - category ircon

4 weeks, 2 days ago

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks

Every year, ahead of the budget, investors get excited about the prospects of incremental spending by the railways that would translate into order inflows for railway infrastructure companies. RVNL has higher revenue visibility, with a robust order pipeline that’s enough to cover four years of FY24 revenue. Now, it is not as though the fall in the order book was …

Order Railway Revenue Book Rvnl Both Companies Ircon

1 month, 2 weeks ago

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why

Hindustan Times

Railway PSU stocks including Rail Vikas Nigam Ltd, RailTel Corporation of India, RITES Ltd, IRCON International Ltd, and Indian Railway Finance Corporation Ltd saw their share prices rising up to 10% on Monday, November 25, 2024. IRCON International Ltd saw a 7.5% share price uptick after Infomerics Valuation and Rating Private Limited, assigned credit ratings of IVR AAA/ Stable / …

Railway Stock Rvnl Ivr Rising Today

1 month, 2 weeks ago

Five railway stocks hit a detour: Fundamentals strong amid sharp corrections

Live Mint

India boasts one of the largest railway networks globally, a system that continues to evolve through relentless modernization and expansion. Over the past five years, the company has achieved impressive compounded annual sales growth of 19.8% and profit growth of 40.9%. Over the past five years, the company has delivered a compounded annual sales growth of 20.8% and a profit …

India Growth Indian Railways Stocks Railways Performance Indian

1 month, 3 weeks ago

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today

India Today

Shares of railway sector stocks rose sharply on Tuesday, with Indian Railway Finance Corporation jumping over 5%, followed by significant gains in Rail Vikas Nigam Limited, IRCON International, and Indian Railway Catering and Ticketing Services. Shares of RVNL also surged sharply by around 3.5% to Rs 430.45 after receiving a letter of acceptance from South Central Railway worth Rs 294.4 …

Railway Stock Shares Rvnl Irctc Irfc Ircon International

2 months ago

RVNL, Ircon International shares tumble up to 7% on weak performance in Q2

Live Mint

Stock Market Today: Shares of Rail Vikas Nigam and Ircon International plunged 7.2 per cent and 6 per cent, respectively, in early morning trade on Friday, November 8 after both state-run railway companies reported weaker-than-expected earnings for the September quarter on Thursday. For the September 2024 quarter, RVNL, a project service provider, posted a 27.24 per cent year-on-year decline in …

Crore Cent Quarter Rvnl Net Profit Ircon Q2 Fy25

2 months ago

IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

Live Mint

IRCON International Q2 Results: IRCON International announced its January-March quarter results for fiscal 2024-25 on Thursday, November 7, reporting a rise of 18 per cent in net profit to ₹206 crore, compared to ₹250.7 crore in the corresponding period last year. The state-run engineering and construction firm's revenue from operations in the second quarter of the current fiscal dropped 19.3 …

Crore Ircon International

5 months ago

IRCON Q1 results: Net profit rises 19% to ₹224 crore, revenue falls 17% to ₹2,287 crore

Live Mint

Indian Railway Construction International Limited or IRCON International, on Thursday, posted an increase in its consolidated net profit increased by 19 per cent to ₹224 crore, up from ₹187.36 crore in the same quarter last year. However, revenue from operations was ₹2,287 crore, which represents a 17 per cent decline from ₹2,763.84 crore reported in the same quarter of the …

Crore Operational Revenue

8 months, 4 weeks ago

Train to Sikkim: Railways completes mining in 10 out of 14 tunnels, sets August 2025 deadline

Hindustan Times

New Delhi, With the completion of mining work in 10 out of 14 tunnels, the Railways has set a new deadline of August 2025 to finish the Sivok-Rangpo Rail Project which will connect Sikkim with the rest of the country through a rail network for the first time, a senior official said on Friday. HT Image The project, covering a …

Work Railway Project Official Rail Tunnels Sikkim

11 months ago

Dividend Stocks: Nestle India, ONGC, among others to trade ex-dividend next week

Live Mint

Dividend Stocks: Shares of several companies, including Nestle India, Power Grid Corporation of India, Oil & Natural Gas Corporation, IRCON International and many others will others will trade ex-dividend in the coming week, starting from Monday, February 12. FULL LIST: Stocks trading ex-dividend on Monday, February 12: Automobile Corporation Of Goa Ltd, Banaras Beads Ltd, Carborundum Universal Ltd, Clean Science …

India Trade Dividend Company Issue Corporation Shares

1 year, 1 month ago

Stocks to Watch: Bank of Baroda, Mahindra, Network18, Adani Ports, Ircon, Paytm

Live Mint

New Delhi: Following stocks could be in focus in Thursday's trade: Bank of Baroda: Is trying to trace the paper trail behind a recent scandal where some employees allegedly created false app sign-ups using random mobile phone numbers. The move will consolidate the TV and digital news businesses of the Network18 group under one company and help create a platform-agnostic …

Paytm Ircon Network18

1 year, 2 months ago

Ircon International Q2 results: Net profit increases to ₹251 crore

Live Mint

Ircon International Q2 result: Navratna company reported a 44% rise in its net profit to ₹250.8 crore in the September quarter of FY24, against a net profit of ₹174.2 crore in the year-ago period. Its consolidated total income increased to ₹3,136.3 crore in the second quarter of the ongoing fiscal from ₹2,305.9 crore in the same quarter last year. The …

Quarter Stood Net Profit Crore Ircon

1 year, 2 months ago

Top 4 railway stocks under ₹ 200 to add to your watchlist

Live Mint

After a long time, the Indian Railways are executing projects better than ever. IRFC's strong balance sheet size with nil gross NPA, low overheads, and the Indian Railways' huge capex needs, bode well for the company's growth prospects over the long term. In the month of August 2023, Ircon International shares saw a spike after the company posted good numbers …

Indian Railways Stocks Railways Projects Company This Article This List

1 year, 2 months ago

IRCON International and RITES soar up to 7.2% after receiving ’Navratna’ status

Live Mint

Shares of IRCON International, a PSU firm, jumped 7.2% to ₹143.75 apiece in early Friday trade after the company in an exchange filing on Thursday said it was awarded 'Navratna' status by the Department of Public Enterprises. This makes IRCON the 15th Navratna company among the Central Public Sector Enterprises, as per the company's exchange filing. Furthermore, the Department of …

India Company Rites Psu Navratna Status Ircon Ircon International

1 year, 4 months ago

Dividend Stocks: IRCON International, others to trade ex-dividend next week

Live Mint

Dividend Stocks: Shares of several companies including IRCON International Ltd, RITES Ltd, Max Healthcare, Macrotech Developers among many others will trade ex-dividend in the coming week, starting from Monday, September 4. Additionally, shares of Vivanta Industries Ltd will trade ex-bonus on September 5. The following are the stocks that have declared dividend in the next week: Here we list out …

India Stocks Trade Dividend Company Shares Declared

1 year, 5 months ago

IRCON shares hit a record high after strong Q1 results

Live Mint

IRCON International share price rallied over 8% to hit a record on Wednesday after the railway PSU reported strong growth in Q1 results. The state-run engineering and construction firm IRCON International posted a net profit of ₹187 crore for the quarter ended June 2023, recording a growth of 29.6% compared to ₹144.6 crore in the corresponding period last year. On …

Crore Ircon Ircon International

1 year, 5 months ago

IRCON to recruit 33 apprentices, Engineering graduate, diploma holders can apply

Hindustan Times

IRCON International Limited has invited applications from Engineering Graduates and Diploma holders for 33 apprentice vacancies. Graduate apprentices Civil: 13, Electrical: 4, S&T: 3 Graduation or equivalent in relevant Engineering/Technology streams as on July 1 is required to apply for these posts. Technician apprentices Civil: 9, Electrical: 2, S&T: 2 candidates having passed the Minimum Educational Diploma or equivalent in …

Diploma Apprentices

1 year, 7 months ago

Stocks to Watch: Reliance, Vodafone Idea, Emami, OIL, Zee Entertainment

Live Mint

Here are the top 10 stocks that could be in focus in today's trade: Reliance Industries: Reliance Retail is best positioned to lead in India’s $150 e-commerce market in the long run, analysts at Bernstein said in a report dated 24 May. Vodafone Idea: Vodafone Idea narrowed losses to ₹6418 crore for the quarter ended March 2023, versus ₹6563 crore …

India Oil Revenue Profit Crore Quarter Yoy

1 year, 8 months ago

Sensex tops 60k, Nifty jumps 120 pts; Bank, Realty shine; Pharma lags

Live Mint

Investors cheered the better-than-expected quarterly earnings reports from Reliance and ICICI Bank which lifted the mood of the market. Private sector lender Tamilnad Mercantile Bank on Monday posted a 11.45 per cent rise in its net profit for the fourth quarter ended March 2023 at ₹253 crore, helped by decline in bad loans. Media index drags as it sheds more …

India Growth China Media Market Canada Tesla

1 year, 9 months ago

Arbitrator Can Award Pendente Lite Interest If There Is No Bar Under Contract : Supreme Court

Live Law

The Supreme Court recently reiterated that unless there is a specific bar under the contract, it is always open for the Arbitrator to award pendente lite interest in view of Section 31 of the Arbitration and Conciliation Act 1996. Sundresh, while adjudicating an appeal filed in Indian Railway Construction Company Limited v M/s National Buildings Construction Corporation Limited, has affirmed …

Contract Supreme Court High Court Court Interest Termination Agreement

2 years, 4 months ago

Delhi High Court Weekly Round Up: August 8 To August 14, 2022

Live Law

NOMINAL INDEXCitations 2022 LiveLaw 765 TO 2022 LiveLaw 781SARIKA@RADHA@LOVANYA T v. STATE OF NCT OF DELHI AND ANR 2022 LiveLaw 765DINESH KUMAR v. UNIVERSITY OF DELHI & ORS. Can't Withhold Refunds In Mechanical And Routine Manner: Delhi High Court Case Title: Trueblue India LLP Vs Deputy/Assistant Commissioner of Income Tax Circle Citation: 2022 LiveLaw 768 The Delhi High Court has …

India Climate Change Justice Delhi High Court Income Tax Title

3 years, 1 month ago

RailTel Corp bags ₹211 crore order from Ircon International

Live Mint

RailTel Corp announced on Wednesday that it has received a contract worth ₹210.77 crore from Ircon International for installing tunnel communication system in the Dharam-Banihal section of Jammu Kashmir Rail Link Project. “RaiITel Corporation of India has received work order from Ircon International Limited for design, supply, installation, testing and commissioning of tunnel communication system consisting of emergency call and …

Rail Ircon International Corp Bags Railtel Corp

4 years, 5 months ago

The Hindu Explains | Why is India out of the Chabahar rail project?

The Hindu

The story so far: The inauguration of a track-laying project from Iran’s Chabahar port to Zahedan on the border with Afghanistan on July 7, has ensured that Chabahar — which literally means “four seasons”, named for its salubrious weather — is once again in the middle of a storm over the fate of India’s investment there. State-owned Ircon International Limited …

China Pakistan Sanctions Indian Port Railway Iran

4 years, 5 months ago

Iran drops India from Chabahar rail project, cites funding delay

The Hindu

Four years after India and Iran signed an agreement to construct a rail line from Chabahar port to Zahedan, along the border with Afghanistan, the Iranian government has decided to proceed with the construction on its own, citing delays from the Indian side in funding and starting the project. Officials told The Hindu that the entire project would be completed …

India China Afghanistan Port Iran Iranian Mou

5 years, 5 months ago

Over 100-year-old rail line in Sri Lanka to be upgraded by India's IRCON International Limited

India TV News

India's IRCON International Limited and the Sri Lankan government have inked a $91.26 million agreement for upgrading the around 130 km-long Maho-Omanthai rail line which is over 100 years old. India has so far committed Lines of Credit worth around $1.3 billion for development of the railway sector in Sri Lanka. India has so far upgraded around 300 km of …

India Sri Lanka Indian Colombo Line Sri Sri Lankan

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Articles for Ircon

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why

Five railway stocks hit a detour: Fundamentals strong amid sharp corrections

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today

RVNL, Ircon International shares tumble up to 7% on weak performance in Q2

IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

IRCON Q1 results: Net profit rises 19% to ₹224 crore, revenue falls 17% to ₹2,287 crore

Train to Sikkim: Railways completes mining in 10 out of 14 tunnels, sets August 2025 deadline

Dividend Stocks: Nestle India, ONGC, among others to trade ex-dividend next week

Stocks to Watch: Bank of Baroda, Mahindra, Network18, Adani Ports, Ircon, Paytm

Ircon International Q2 results: Net profit increases to ₹251 crore

Top 4 railway stocks under ₹ 200 to add to your watchlist

IRCON International and RITES soar up to 7.2% after receiving ’Navratna’ status

Dividend Stocks: IRCON International, others to trade ex-dividend next week

IRCON shares hit a record high after strong Q1 results

IRCON to recruit 33 apprentices, Engineering graduate, diploma holders can apply

Stocks to Watch: Reliance, Vodafone Idea, Emami, OIL, Zee Entertainment

Sensex tops 60k, Nifty jumps 120 pts; Bank, Realty shine; Pharma lags

Arbitrator Can Award Pendente Lite Interest If There Is No Bar Under Contract : Supreme Court

Delhi High Court Weekly Round Up: August 8 To August 14, 2022

RailTel Corp bags ₹211 crore order from Ircon International

The Hindu Explains | Why is India out of the Chabahar rail project?

Iran drops India from Chabahar rail project, cites funding delay

Over 100-year-old rail line in Sri Lanka to be upgraded by India's IRCON International Limited