Ircon International Ltd - Company Profile
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Ircon International Ltd (Ircon) is a heavy construction contractor. International footprint, cash position and client base are the company’s major strengths, even operating performance remains a cause of concern. Positive outlook for the Indian and the UK construction industry, and on-going projects could provide new growth opportunities to the company. However, stringent rules and regulations in India, increase in minimum wages in India, and government contract compliance could affect the company’s performance.
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