IVRCL Infra bags order, stk down 6.8%

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IVRCL Infra bags order, stk down 6.8%

At 12:15 pm, IVRCL Infrastructure was quoting at Rs 227.95, down Rs 16.75, or 6.85% on the NSE. The company has bagged order worth Rs 418.5 crore, reports CNBC-TV18. It was trading with volumes of 197,580 shares. On Friday the share closed down 3.91% or Rs 9.95 at Rs 244.70.

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At 12:15 pm, IVRCL Infrastructure and Projects was quoting at Rs 227.95, down Rs 16.75, or 6.85% on the NSE. It has touched an intraday high of Rs 243 and an intraday low of Rs 227.10.

The company has bagged order worth Rs 418.5 crore, reports CNBC-TV18.

Project has been awarded by Narmada Development. It involves lift irrigation including distribution of irrigation network by pipelines to cultivate almost 35008 Hectares of Cultivable Command Area (CCA) on Turn Key Basis and maintenance of complete commissioned scheme for one year. The project is scheduled to complete in 36 months.

It was trading with volumes of 197,580 shares. On Friday the share closed down 3.91% or Rs 9.95 at Rs 244.70.