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IVRCL bags orders valued Rs 620 crore; shares up

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IVRCL bags orders valued Rs 620 crore; shares up
IVRCL: Quotes, News
BSE 0.39BSE Quote0 (0.00%)
NSE 0.4NSE Quote0 (0.00%)
IVRCL Ltd, Hyderabad-based infrastructure player on Monday said that its transportation, buildings and power divisions have clinched orders totaling nearly Rs 620 crore.

The shares of the company were seen trading higher by 1.78% at RS 47.45 on BSE at 10.10 am IST. It touched an intraday high of Rs 48.20.

 

The company's transportation division has bagged orders of Rs 301.72 crore, the buildings division has bagged orders worth 257 crore and the power division has got orders worth nearly Rs 61 crore, the company said in a filing to the stock exchanges.

The power division of IVRCL has bagged a Rs 61 crore project from the City and Industrial Development Corporation of Maharashtra Ltd for the development of power supply infrastructure distribution network.

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