Is ircon a government company?
Ircon International Limited (IRCON), a government company incorporated by the Central Government (Ministry of Railways) under the Companies Act, 1956 on 28th April, 1976 originally under the name Indian Railway Construction Company Limited, is the leading turnkey construction company in the public sector known for its …
Who is the owner of ircon?
Ircon has completed over 1650 major infrastructure projects in India and over 900 major projects across the globe in more than 31 countries….Ircon International.
| Formerly | Indian Railway Construction Limited |
|---|---|
| Owner | Indian Railways , Ministry of Railways , Government of India |
| Number of employees | 1576 (March 2019) |
Is ircon a private company?
Ircon International Limited was incorporated as a private limited company with the name ‘Indian Railway Construction Company Private Limited’ on April 28 1976 in Delhi.
Is ircon a good share to buy?
PE vs Industry: IRCON is good value based on its PE Ratio (9x) compared to the Indian Construction industry average (17.7x). PE vs Market: IRCON is good value based on its PE Ratio (9x) compared to the Indian market (18.9x).
What happened to Ircon International Limited?
Ircon International Closure of Trading Window The Trading Window of Ircon International Limited will be closed from 1st October, 2021 till the end of 48 hours after the unaudited financial results of the Company for the quarter/half year ending 30th September, 2021 are made public.
What is the full form of Irfc?
irfc.nic.in. Indian Railway Finance Corporation (IRFC) is under the ownership of Indian Railways, Ministry of Railways, Government of India. It raises financial resources for expansion and running through capital markets and other borrowings.
Can I buy ircon share?
Ircon share price target On his view on Ircon share price; Sumeet Bagadia of Choice Broking said, “One can buy the stock at current market price for the target of ₹48 to ₹50 maintaining stop loss below ₹40.”
Can we buy ircon shares?
Who is the promoter of Ircon International?
The Shareholding Pattern page of Ircon International Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – Ircon International Ltd. | ||
|---|---|---|
| Holder’s Name | No of Shares | % Share Holding |
| NoOfShares | 940515740 | 100% |
| Promoters | 688301650 | 73.18% |
How does Irfc make money?
The company IRFC raises money through financial bonds and from banks and financial institutions. The company announced its initial public offering on 18 January 2021 and got listed on the National Stock Exchange of India / Bombay Stock Exchange on 29 January 2021.
Which share gives highest bonus?
Bonus
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| GEE | 1:10 | 21-09-2021 |
| Apollo Tricoat | 1:1 | 16-09-2021 |
| APL Apollo | 1:1 | 16-09-2021 |
| TPL Plastech | 1:1 | 16-09-2021 |
What kind of company is IRCON International Limited?
Ircon International Limited, formerly Indian Railway Construction Company Limited (IRCON), is an engineering and construction, specialized in transport infrastructure. The PSU was established in 1976, by the Government of India under the Companies Act 1956.
What is the primary charter of Ircon India?
IRCON was registered as the Indian Railway Construction International Ltd., a wholly (100%) owned entity of the Ministry of Railways. Its primary charter was the construction of railway projects in India and abroad.
When did IRCON become a PSU in India?
The PSU was established in 1976, by the Government of India under the Companies Act 1956. IRCON was registered as the Indian Railway Construction International Ltd., a wholly (100%) owned entity of the Ministry of Railways. Its primary charter was the construction of railway projects in India and abroad.
Why was IRCON assigned work by Ministry of railways?
Ircon was assigned the work by Ministry of Railways on the ground of its capability of executing the work in challenging and difficult areas. Ircon completed above project despite adverse climate and conditions.