IRCON International Share Price Surges on EPC Contract from East Central Railway

Ircon International Limited, a prominent public sector undertaking under the Ministry of Railways, is renowned for its expertise in infrastructure development, particularly in the railway sector. The company has recently been awarded a substantial contract by East Central Railway, a division of Indian Railways, for the construction of a new Broad Gauge (BG) rail bridge. This project is part of a new railway line initiative and will span the River Ganga between Bikramshila and Katareah stations.

IRCON Contract Specifications

The scope of the project includes complete Engineering, Procurement, and Construction (EPC) services for the bridge, which comprises 2 spans of 32.086 metres and 33 spans of 122 metres, all using Open Web Steel Girders, with a stipulated execution period of 1,460 days. The total value of the contract amounts to ₹1,068.34 crore. The structure will feature a double-line substructure and a single-line superstructure and is to be built over the River Ganga between Bikramshila and Katareah stations. 

This initiative reflects the Indian Railways' ongoing efforts to enhance connectivity and improve infrastructure through advanced engineering solutions.

Recent Developments

Ircon International Ltd has recently experienced a series of notable updates. The company received a fine of ₹14.04 lakh each from NSE and BSE for non-compliance with board and committee composition norms for the quarter ended 31st March 2025. Simultaneously, there has been a key change in senior management as Shri Vijay Mukund Bodele, Project Director (Electrical/SRRP), was repatriated to Indian Railways on a pre-mature basis, effectively ceasing his role at Ircon as of 30th May 2025.

Read More: IRCON Wins Contract from South Western Railway for KAVACH System!

Ircon International Share Price Performance 

As of June 02, 2025, at 9:50 AM, Ircon International Share Price is trading at ₹195.11 per share, reflecting a surge of 2.20% from the previous closing price. Over the past month, the stock has surged by 27.44%. The stock's 52-week high stands at ₹351.60 per share, while its low is ₹134.24 per share.

Conclusion 

This major contract not only reinforces Ircon International Limited’s reputation as a key player in railway infrastructure but also marks a significant step towards enhancing connectivity and boosting regional development. 

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