IRCON bags Rs 862.46 crore EPC order from East Central Railway

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

IRCON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹104.70

prior close

₹107.60

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.3%+0.8% vs market

Civil Construction peers, median of 97sector+0.1%+1.0% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 1.0 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

-0.2

15m

-1.0

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.3+0.8+0.1+1.0

Next day

+1.9+0.3+1.6+0.6+1.3

+1.4-0.8+2.3-0.0+1.5

+2.2-0.8+3.0-0.0+2.2

-0.8-1.9+1.1-1.2+0.4

-3.0-4.1+1.1-4.2+1.2

-6.3-7.8+1.6-7.5+1.2

15d

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IRCON International has received a Letter of Acceptance from East Central Railway for an EPC contract worth Rs 862.46 crore. The work involves supply of ballast and P.Way materials, track laying and linking for the 3rd and 4th line of Son Nagar-Andal Project across Gomoh-Koderma and Gaya-Son Nagar sections. Execution timeline is 365 days. The order is domestic with no promoter or related party interest.

Likely market impact

Positive: strengthens order book and provides revenue visibility over the next year; boosts confidence in execution pipeline.