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InfrastructureEnergyHigh impactPre-market

IRCON JV secures ₹763 cr smart grid project in Tripura

pre-market1 source ↓written by the desknot a recommendation

smart grid contract
₹763.10 cr
share amounts
₹198.41 cr
awarded
22 June 2026

IRCON International's joint venture with Badri Rai & Company has won a ₹763.10 cr smart grid contract from Tripura State Electricity Corporation Limited (TSECL). IRCON's share amounts to ₹198.41 cr. The project aims to modernize electricity distribution in Agartala, enhancing efficiency with underground cables and a digital control system. ⚡

This contract, awarded on 22 June 2026, is expected to boost IRCON's revenue and improve operational capabilities in the region.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Jun 2026, 07:02 IST.

Sourcesnews.google.com

The market after the news

IRCON closed −0.6% on the day of the news, from ₹136.45 to ₹135.66; Nifty +0.8% over the same session.

Bulletin at 07:02 IST on 24 Jun 2026. Every change is measured from ₹136.45, the last close before it, on 23 Jun. Nifty 50 is measured over the same sessions.

  • IRCON close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
IRCON closes around the bulletin against the close before the news, with Nifty 50 rebased to it113.09136.45159.81axis spans 41%before the news · 23 Jun136.45Nifty 50IRCONbulletinD0+1+3+517 Jun30 Jun9 JulReference close ₹136.45. 16 sessions from 17 Jun to 9 Jul; the price axis spans 41 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Jun₹136.45basebase
On the day24 Jun₹135.66▼ −0.6%▲ +0.8%−1.4 pp difference
+1 session25 Jun₹134.16▼ −1.7%▲ +1.0%−2.6 pp difference
+3 sessions30 Jun₹131.07▼ −3.9%▲ +0.2%−4.1 pp difference
+5 sessions2 Jul₹134.55▼ −1.4%▲ +1.5%−2.9 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.07 on 24 Jun
Day's range, % · ₹
2.1%≈ 2.9 high to low
Volume on the day
0.76×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · IRCON on the desk →

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