Ircon International (NSE:IRCON, BOM:541956) has secured a contract from South Western Railway, Indian Railways, to survey, design, supply, install, test, and commission KAVACH equipment and related works over 778 route kilometers in the Bengaluru and Mysuru Divisions, according to a Tuesday filing on the local bourse.
The domestic works contract is valued at 2.54 billion Indian rupees, was awarded. The project is expected to be completed within 18 months from the date of the Letter of Acceptance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.