Rs 20,347 Crore Order Book: Railway Kavach Company Bags Back-to-Back Orders Worth Over Rs 1,800 Crore in a Single Day
आमच्यासोबत जोडा
आम्हाला फॉलो करा
The company has delivered a 3-year return of 397 per cent, making it a multibagger in the Indian stock market.
✨ एआय पॉवर्ड सारांश
Ircon International Limited announced the receipt of three major contracts on July 18, 2025, enhancing its railway and metro project portfolio.
The first contract, valued at Rs 755.78 crore (IRCON’s share Rs 529.04 crore), was awarded by Rail Vikas Nigam Limited (RVNL) for the construction of roadbeds, minor bridges, buildings and track installation on the Pipaliya Nankar–Budni new broad-gauge line in Madhya Pradesh. IRCON holds a 70 per cent share in the joint venture executing the project.
Mumbai Metropolitan Region Development Authority (MMRDA) awarded two additional metro contracts. One, worth Rs 471.29 crore and EUR 2.84 million, covers design, supply, installation and testing of electrical and mechanical works for Mumbai Metro Line‑5. The other, valued at Rs 642.44 crore and EUR 2.79 million, involves power supply, traction and maintenance for Line‑6.
DSIJ’s 'Multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, download the service details here.
These back-to-back orders total more than Rs 1,800 crore, significantly boosting IRCON’s order book.
Ircon’s recent financial and stock market performance reflects its growing capabilities. The company has delivered a 3-year return of 397 per cent, making it a multibagger in the Indian stock market. Despite a 1-year decline of 42.05 per cent, long-term investors have benefited significantly. As of July 18, 2025, Ircon’s stock is trading at Rs 186.90, compared to its 52-week high of Rs 327.95 and low of Rs 134.23. With a market capitalisation of Rs 17,500 crore and a PE ratio of 24.2, Ircon is positioned in the Mid-Cap category.
The company maintains a strong order book worth Rs 20,147 crore, with 90 per cent of the orders originating from domestic clients. It has also been expanding into areas such as solar and hydropower, signalling future diversification. Though its debt has risen to Rs 2,570 crore, it is balanced by healthy cash reserves of Rs 5,000 crore. Looking ahead, Ircon expects order inflows of Rs 10,000 to Rs 12,000 crore in FY25, reinforcing its role in India’s infrastructure buildout.
Disclaimer: The article is for informational purposes only and not investment advice.