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IRCON Ircon International News Story

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IndustrialsSpeculativeMid CapMomentum Trap

India's Ircon International up on 7.5 bln rupees order

** Shares of India's Ircon International  IRCN.NS  up ~5%
after rising as much as 5.5% earlier in the day 
    ** Co said it got order worth 7.51 bln rupees (~$90 mln)
from Rail Vikas Nigam  RAIV.NS  
    ** IRCN eyeing sixth straight session of gains, if trends
hold 
    ** Trading vols 2x 30-day avg 
    ** YTD stock has jumped 70% 


($1 = 83.4870 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))

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