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Ircon International slips 6% on weak Q2 results; PAT down 18%, rev down 19%

Business Standard LogoBusiness Standard9h ago

Ircon International slips 6% on weak Q2 results; PAT down 18%, rev down 19% - Business Standard

Quick Summary:

Ircon International's revenue from operations fell 19.

The market capitalisation of the company stood at Rs 19,468.68 crore.

It added: These government initiatives are creating favorable conditions for growth in the infrastructure sector, which the company is well-positioned to capitalize on.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 13:34:41 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23468716

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 271 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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