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IRCONNSEIrcon International Limited· ConstructionHighNeutral
Announced Fri, 9 May, 2025 · 18:56 IST

Ircon International Limited has informed the Exchange regarding Appointment of Mr N.C. Karmali as Director (Works) of the company w.e.f. May 09, 2025.

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
+8.3%Reaction day
₹148.40
prior close
₹154.99
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+4.0%+4.3% vs market
Civil Construction peers, median of 81sector+4.7%+3.5% vs sector

On the reaction day the stock moved 4.3 pts more than Nifty Smallcap 250 and 3.5 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
5m
+0.4
10m
+1.5
15m
+0.6
30m
+0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+8.3+4.0+4.3+4.7+3.5
Next day
+8.0+4.9+3.1+5.5+2.5
2d
+16.7+6.4+10.4+7.4+9.3
3d
+19.2+7.2+12.1+8.4+10.8
4d
+27.7+8.8+18.9+10.1+17.6
5d
+33.1+9.5+23.6+11.1+22.1
1w
+27.5+9.0+18.5+11.3+16.1
15d
+30.9+12.4+18.4+10.1+20.8
1m
+39.4+14.6+24.9+13.9+25.5
2m
+28.7+18.1+10.6+12.3+16.4
3m
+12.8+10.2+2.6+3.7+9.1
UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 81Pending

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

AI summary

Ircon International Limited has appointed Mr. N.C. Karmali as Director (Works) effective May 9, 2025, based on an order from the Ministry of Railways. Mr. Karmali, an Indian Railways Service of Engineers (IRSE) officer from the 1990 batch, has been entrusted with the additional charge while continuing his existing role as Principal Executive Director (Gati Shakti) at Railway Board. He is a B.Tech (Hons) Civil Engineering graduate from IIT Kharagpur with prior experience in railway construction. The appointment is until further orders, and he is not debarred from holding directorship by any authority.

Likely market impact

This is a routine government-directed appointment of a senior railway official to a key functional role on the board. It brings experienced railway engineering leadership to oversee Ircon's works portfolio, with no change expected in the company's strategic direction or shareholder structure.