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Ircon International rises on receiving refund of loan from subsidiary company

07 Jan 2021 Evaluate

Ircon International is currently trading at Rs. 92.05, up by 0.05 points or 0.05% from its previous closing of Rs. 92.00 on the BSE.

The scrip opened at Rs. 93.90 and has touched a high and low of Rs. 93.90 and Rs. 91.50 respectively. So far 98512 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 119.76 on 19-Feb-2020 and a 52 week low of Rs. 58.20 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 94.20 and Rs. 87.00 respectively. The current market cap of the company is Rs. 4338.13 crore.

The promoters holding in the company stood at 89.18%, while Institutions and Non-Institutions held 2.27% and 8.55% respectively.

Ircon International’s wholly owned subsidiary -- Ircon Davanagere Haveri Highway has refunded the loan of Rs 326.72 crore to the company.

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

Peers
Company Name CMP
Larsen & Toubro 3802.95
Kalpataru Projects 1380.00
NCC 130.65
Rail Vikas Nigam 204.15
KEC International 391.45
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