As of market close on Wednesday, June 4, 2025, shares of Ircon International Limited (NSE: IRCON) were trading at ₹ 220.46, up approximately 13.7% from its previous close price of ₹ 194.87
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The stock experienced a high trading volume, with over 31 million shares exchanged, indicating robust investor interest.
The surge in share price is attributed to several factors:
- New Contracts: Ircon secured an Engineering, Procurement, and Construction (EPC) contract worth ₹1,068 crore from East Central Railway, boosting investor confidence
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- Government Infrastructure Push: The Indian government’s increased focus on infrastructure development, particularly in the railway sector, has positively impacted railway stocks, including Ircon
DIGI MARCH STORE PRINT ON DEMAND
Despite the recent rally, it is important to consider the company’s fundamentals and market conditions before making an investment decision. IRCON has a market capitalisation of around ₹20,735 crore, with a dividend yield of 1.20%.
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