Orders12 Oct 2026 · Fri
IRCONIRCON International
IRCON wins a ₹96.25 crore Konkan Railway contract for the Katra-Banihal section
IRCON International received a five-year contract worth ₹96.25 crore, including GST, from Konkan Railway to maintain communication systems on the Katra-Banihal section.
Price, Friday's close₹104.56▲ 1.23%
Last 5 days
52-week low ₹101.6052-week high ₹186.44
- Sector
- Infrastructure
What happened
- The contract was awarded on 8 October and disclosed on 9 October. Its value is ₹96,25,49,694 including GST, per Angel One.
- The work is maintenance of the communication and safety systems on the Katra-Banihal section: IP-based video surveillance, public address, emergency communication and networking systems.
- The term is five years. PSU Watch reported IRCON saying the contract involves no interest of its promoter group and is not a related-party transaction.
- The shares closed at ₹104.56 on Friday, up 1.23%.
Why it matters
Good to know: This is a maintenance contract, which brings in revenue over its term. It is a different kind of work from building a line.
Key facts
- Value
- ₹96.25 crore, including GST
- Customer
- Konkan Railway Corporation
- Term
- Five years (60 months)
- Section
- Katra-Banihal
Read the source
This is a summary of public news about IRCON International, for information only. It is not a recommendation to buy, sell or hold IRCON.
IRCON International in the news before
- 13 OCT 2026 · ORDERSIRCON wins an ₹862.46 crore East Central Railway track-materials order