India's Ircon International hits record high

Ircon International

19/01/2024 09:35

** Shares of Ircon International  IRCN.NS  rise as much as
11.5% to all-time high of 227.45 rupees; last up 9.2%
    ** State-owned engineering and construction company set for
best week since July 2023 
    ** Reuters could not immediately verify the reason for stock
move
    ** Stock posts biggest intraday pct gain and sees busiest
day since Oct. 13, 2023, when co was granted the "Navratna"
status by the central government
    ** Trading volume nearly thrice the 30-day moving average
    ** Stock rose for fourth straight year in 2023, with 187%
surge
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))