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IVRCL wins orders worth Rs 701.5 cr

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 2:56 AM IST

IVRCL Ltd today announced on the Bombay Stock Exchange (BSE) that it had received an order worth Rs 701.49 crore in the southern parts of India.

According to the release, the orders bagged are in the water irrigation division which is worth Rs 595.45 crore awarded by the Tamil Nadu Water Supply and Drainage Board and from a Karnataka government undertaking to an IVRCL joint venture.

Another order has been received from the Bihar Urban Infrastructure Development Corporation Ltd in the same division.

IVRCL also received orders from the buildings division worth Rs 106.04 crore from National Buildings Construction Corporation Ltd and Hindustan Dorr-Oliver Ltd, Mumbai for a project in Karnataka. It also received an order in Hyderabad, Andhra Pradesh.

At 1057 hours, the shares of IVRCL were trading up 2.17% at Rs 44.75 apiece on the BSE.

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First Published: Jan 23 2012 | 10:47 AM IST

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