Tag: IRCON

  • IRCON Faces Rs 39 Crore Claim Amid Ongoing Project Dispute with Apex Buildsys

    IRCON International Ltd. is currently facing a ₹39 crore claim from Apex Buildsys amid a dispute related to their Raebareli project, which involves constructing specialized facilities for a rail coach factory. This conflict highlights ongoing challenges as IRCON reports a significant decline in revenue and a shrinking order book. Explore the implications of these developments on the company's financial performance and stock movements, along with insights from analysts on future prospects.