- Order Book Overview: IRCON’s total order book stood at approximately ₹22,000 crore as of the December quarter.
- 53% of the orders were secured on a competitive basis.
- 47% were awarded on a nomination basis.
- Stock Performance:
- IRCON shares surged 9% on Tuesday following a major contract win.
- The stock rose 8.82% to ₹150.45 on the BSE.
- This rally helped reduce its year-to-date losses to 33.08%.
- New Order Details:
- IRCON won an EPC contract worth ₹1,096.17 crore.
- The project involves constructing a new secretariat complex in Shillong.
- The contract was awarded by the Government of Meghalaya.
- The development will be executed on an engineering, procurement, and construction (EPC) basis.
