Icon Facilitators Shares Jump 3.85% on ₹8.93 Crore Order Win

New Delhi, September 8, 2025 — The shares of Icon Facilitators Ltd (BSE: 544426) jumped 1.89 (3.85%) after the company announced a major contract victory (worth 8.93 crore) from CBRE South Asia Private Limited. The order pertains to the provision of labour and manpower services at Bechtel India Pvt. Ltd.’s facility in Gurugram. The total period of the contract is 365 days, and the agreement is a master service contract between CBRE South Asia and Icon Facilitators.

Stock Price Movement

The stock was trading at 51.00 (3.85% higher from its previous day’s close of 49.11). The trading volume has been low (1200 shares) as the price has been stuck at the 51.00 levels. The company has a P/E ratio of 8.63 compared to the industrial average of 39.74. After today’s surge, the stock has moved up by almost 9% in the past month. Despite the rise in the past 30 days, the 52-week high is far away (90.00) as the shares deal closer to the 52-week low mark (45.50).

Details of the Works Contract

As explained before, the contract spans 365 days and involves no related-party transactions. This engagement underlines CBRE’s continued role in facility management and technical support services, ensuring smooth operations for one of the leading engineering and project management firms in India.

Company Overview

Icon Facilitators Ltd, formerly known as Icon Facilitators Pvt. Ltd., is engaged in diversified commercial services and is listed on the BSE SME platform. The company specialises in manpower and facility management solutions across industries.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachHis/aefa2900-132e-450c-9b23-1f674570b6f9.pdf

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