IVRCL Infrastructures secures orders worth Rs 383.05 crores

IVRCL Infrastructures & Projects Ltd has announced that the Order Book Position of the Company has improved by Rs 383.05 Crores having bagged the following orders:

The company has received an order from Government of Andhra Prades worth Rs.376.14 Crores. "Package No.31/2006; Investigation Design, Excavation and lining of Gandikota Tunnel for Feeding to Gandikota Reservoir from Km 52.184 of G.N.S.S. Flood Flow Canal (From Owk Reservoir to Gandikota Reservoir) including construction of Adit in Kadapa District" awarded by Irrigation & CAD (P.W) Department, Government of Andhra Pradesh.

The company has also received another order worth Rs.6.91 Criores for "Construction of Swimming Pool at Ponda Sports Complex, Ponda, Goa" awarded by Goa State Infrastructure Development Corporation Ltd.

The stock was trading at Rs.317.10, up by Rs.9.30 or 3.02%. The stock hit an intraday high of Rs.319.90 and low of Rs.310. The total traded quantity was 163395 compared to 2 week average of 724423.

Source : Equity Bulls

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