Shares of IRCON International Ltd soared 3% on 2 June after the company announced securing an engineering, procurement, and construction (EPC) deal worth Rs 1,068.3 crore from East Central Railway.

East Central Railway, an Indian railway company, has awarded Ircon International the EPC contract for the construction of a new BG Rail Bridge (2×32.086m Open Web Steel Girder + 33×122.0 m Open Web Steel Girder) with a double-line track substructure and a single-line track superstructure across the Ganga between Bikramshila and Katareah stations on a new railway line project.

Earlier on 30 May, the National Stock Exchange of India and the BSE imposed a fine of Rs 14,04,200 each (including GST) on the firm for failing to comply with the composition of the board and its committees for the quarter ended 31 March 2025.

Earlier in May, Kerala State IT Infrastructure (KSITIL) issued a work order to the corporation for the creation of a dedicated rural industrial park in Thiruvananthapuram district. The contract is worth Rs 187,08,29,148 and has a 30-month execution period.

In addition, North Eastern Electric Power Corporation issued a work order totalling Rs 458.14 crore. Moreover, the order is for the construction of civil works on an item-rate basis for the Tato-I Hydroelectric Project in Arunachal Pradesh.

At 11:42 am, the shares of IRCON International were trading 1.43% higher at Rs 193.64 on NSE.

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