Ircon International shares rally 8% after Rs 51.6 crore order win from North Western Railway

Ircon shares jumped 8.1% after winning a Rs 51.61 crore contract for maintenance systems in Rajasthan.

The 24-month contract covers four railway divisions and is domestic.

Shares up 24.5% last week; technicals suggest buying dips with a target of Rs 182.

Q3 profit fell 62%, but FY24 profit rose 21.5% with revenue up 18.9%.