IVRCL Infrastructure stock hit a new high of Rs 338.25 in intra-day trading piggybacking FII buying via block deal.The counter in Thursday's trading witnessed a massive block deal of over 12 lakh shares at an average price of Rs 325.41 per share. According to the information from the BSE website, Pacific Corporate Service bought 48,568 shares and Grantham AC GMO Emerging bought 10,78,450 shares in block deals. The shares were sold by Sahara India Financial Co and Rockline Const NG at an average price of Rs 325 per share.From a recent low of Rs 272.95 on 3 December 2004, the scrip has surged 21 per cent in eight trading sessions to touch Rs 330.35 on yesterday.In Thursday's trading, the stock ended marginally lower at Rs 329.55. The counter witnessed volumes of over 19 lakh shares including the block deal on BSE on Thursday.
