India's Ircon International, Patel Engineering rise on signing MoU

Ircon International

17/10/2024 07:33

** Shares of Ircon International  IRCN.NS  and Patel
Engeineering  PENG.NS  rise 0.9% and 4.4% respectively
    ** Ircon on Wednesday said it signed an MoU with Patel
Engineering to explore infrastructure projects in India and
overseas
    ** The companies did not disclose specifics of the MoU,
including financial details
    ** More than 6.8 mln IRCN shares change hands, while around
6.7 mln PENG shares traded
    ** IRCN is up 31.2% YTD, while PENG is down 5.6%

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))