IVRCL bags Rs 260 cr orders

IVRCL Infrastructure & Projects Ltd has bagged four orders worth Rs 260.46 crore from Bangalore Metro Rail corporation (BMRC), Indian Oil Corporation (IOC) and Karnataka Urban Water Supply and Drainage Board (KUWSDB).

The orders bagged by the Buildings and Industrial Structures and Water divisions of the infrastructure major include- construction of four elevated metro stations for BMRC at a cost of Rs 168 crore, civil structural work at IOC’s Guwahati refinery and construction of a water treatment plant for KUWSDB.

Last month, the Hyderabad-based company had received similar orders worth Rs 746 crore.

The company’s share price at the Bombay Stock Exchange (BSE) has increased 16 per cent at Rs 139.35 in past one month.