Ircon International Limited -Bonus Shares Proposal-5th April, 2021

 

Bonus Shares Update

The Board of Directors of the Company  is scheduled to be held on Monday, 5th April, 2021 inter-alia to consider the proposal for issuance  of Bonus Shares.

Company profile and key parameters.

Ircon International Limited (Indian Railway Construction International ltd), (A Govt. of India Undertaking),  An integrated Engineering and Construction Company operating in the execution of Railway projects.

Date of Listing (NSE) : 28-Sep-2018

Face Value : 2.00

As on date March 30,2021 , at market closing the stock trading at 87.40with 1 day return of 8.10%. % of Deliverable quantity to Traded Quantity 29.84 %

52 week high-108.50 

(11-FEB-21)

52 week low-61.05

(26-MAR-20)

Balance sheet (in Rs. Cr.) As on March 2020

Total Reserves and Surplus 4,067.08 Cr.

Long term Borrowings 1,845.92 Cr

Short term Borrowings 0.00 Cr

Cash and Cash Equivalents 2,500.88 Cr 

Revenue for the Qtr Ending Dec 2020 1,353 Cr

 ( increase in Q-o-Q& Y-o-Y)

Net Profit for the Qtr Ending Dec 2020 91 Cr( increase in Q-o-Q & decline on Y-o-Y)

 Shareholding Pattern for the Qtr Ending Dec 2020

 Promoter-89.18 %, FII-0.34%, DII-1.79%, Public-8.69, and others 0.00%

 Returns

Over 1 Week(3.13%), over 1 month(-6.90%),over 3 months(0.58%) over 6 months(9.81%),over 1 year (13.53%)

over all it is Good PSU stock for the Long term investment. 100% analysts suggested that investors can buy this stock. Investors can analyse and consult your financial advisor before investing. Never invest in market by taking loan, as it can ruin your financial discipline.