Ircon International Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF Explain this filing

IRCON · price

Loading chart…

▲ 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

-1.8%Reaction day

₹158.47

prior close

₹161.40

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-2.2%+0.4% vs market

Civil Construction peers, median of 83sector-3.6%+1.8% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Smallcap 250 and 1.8 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

+0.2

10m

-0.5

15m

-0.7

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-2.2+0.4-3.6+1.8

Next day

-1.2-1.1-0.1-2.0+0.8

-6.0-2.2-3.7-4.2-1.8

-6.4-2.9-3.5-4.3-2.1

+1.4+1.0+0.4+0.6+0.8

+1.2+1.8-0.7+1.6-0.4

+11.6+4.1+7.6+4.5+7.2

15d

+19.6+7.1+12.4+5.5+14.1

+37.6+11.3+26.3+6.7+30.9

+23.4+14.2+9.2+9.6+13.8

+8.2+8.0+0.2+3.2+5.0

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 83Pending

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

AI summary

Ircon International has received a work order worth about Rs 187.08 crore (excluding GST) from Kerala State IT Infrastructure Ltd. (KSITIL), a domestic government entity. The order involves the construction of a Dedicated Rural Industrial Park in Thiruvananthapuram District on an item-rate works contract basis. The project is to be completed within 30 months from the date of award. The contract is not a related-party transaction, and no promoter or group company has any interest in KSITIL. The order was disclosed on 5th May 2025 under SEBI's Listing Obligations and Disclosure Requirements Regulations.

Likely market impact

This is a moderate-sized domestic order that adds to Ircon's order book but is unlikely to materially move the stock given it represents only a small slice of the company's annual revenue. It reinforces the company's presence in state-level infrastructure projects beyond its core railway and central government work.