Shares of IRCON International rallied sharply on Wednesday, rising over 10% in intraday trade and marking the company’s strongest single-day performance in the last six months.
By noon, more than 3 crore shares of IRCON International had changed hands, far exceeding the stock’s 20-day average trading volume of around 15 lakh shares.
During the session, the stock touched an intraday low of ₹156.55 and a high of ₹177.38, compared with the previous close of ₹156.81. IRCON opened the day at ₹157.96.
Despite the sharp rebound, the broader picture for the stock remains under pressure. IRCON shares are still down about 18% so far in 2025, putting the stock on track for its weakest calendar-year performance since listing. From its peak of ₹351 in July 2024, the stock has declined nearly 50%, highlighting the extent of the correction over the past year.
On a 52-week basis, IRCON International has traded in a wide range, with a low of ₹134.24 and a high of ₹229.50.
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