Jun 13, 2012, 01.44 PM IST

Consolidated Construction up 9% on bagging order

Shares of Consolidated Construction Consortium rallied as much as 8.8% to intraday high of Rs 14.25 on Wednesday after the company secured order worth Rs 124.17 crore.

Source: Moneycontrol.com
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Shares of Consolidated Construction Consortium rallied as much as 8.8% to intraday high of Rs 14.25 on Wednesday after the company secured order worth Rs 124.17 crore.


In a release sent to BSE, company said, "It has bagged an order from IL&FS Urban Infrastructure for design and construction of a green field stadium at Karyavattom (Kerala) for the national games to be held in Kerala, valued at Rs 124.17 crore, to be completed in 21 months. The order book stands at Rs 5891 crore."
 
Consolidated Co has touched an intraday high of Rs 14.25 and an intraday low of Rs 12.95.
 
At 13:30 hours IST, the share was trading at Rs 13.88, up 5.95%, which touched 52-week low of Rs 12.95 in morning trade.
 
Its trading volumes jumped 100% to 28,611 shares as compared to its 5-day average of 14,303 shares.
 
Market capitalisation of the company currently stands at Rs 256.47 crore.


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