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Ircon International gains on inking MoU with SYSTRA MVA Consulting (India)

Ircon International is currently trading at Rs. 46.55, up by 0.55 points or 1.20% from its previous closing of Rs. 46.00 on the BSE.

The scrip opened at Rs. 46.75 and has touched a high and low of Rs. 46.90 and Rs. 46.20 respectively. So far 133970 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 54.20 on 11-Feb-2021 and a 52 week low of Rs. 39.70 on 19-Mar-2021.

Last one week high and low of the scrip stood at Rs. 46.90 and Rs. 45.10 respectively. The current market cap of the company is Rs. 4378.10 crore.

The promoters holding in the company stood at 73.18%, while Institutions and Non-Institutions held 3.10% and 23.71% respectively.

Ircon International has signed a Memorandum of Understanding (MoU) with Systra Mva Consulting (India), an international consulting and engineering company. SYSTRA MVA Consulting (India) is a wholly owned subsidiary company of SYSTRA SA (France).

This MoU is aimed to collaborate and cooperate each other to explore, identify, pursue and jointly execute mutually beneficial business opportunities of ‘Detailed Design & Project Management Consultancy for Tunneling Projects (either by NATM & TBM technology) in sectors viz. Railway, Metro Rail & Highway in India’.

Ircon International is an integrated Indian engineering and construction company, specializing in major infrastructure projects.

The post Ircon International gains on inking MoU with SYSTRA MVA Consulting (India) first appeared on Daily Kiran : Latest News Headlines, Current Live Breaking News from India & World.



This post first appeared on Daily Kiran, please read the originial post: here

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Ircon International gains on inking MoU with SYSTRA MVA Consulting (India)

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