Ircon International Ltd - Company Profile
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Ircon International Ltd (Ircon) is a heavy construction contractor. Operating performance, client base, and liquidity position are the company’s major strengths, even debt remains a cause of concern. Positive outlook for construction industry in UK, positive outlook for the Indian 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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