IVRCL shares jump nearly 9% after bagging orders worth Rs 350.96 crore
IVRCL is into an engineering, procurement and construction activities (EPC) in India.
The shares of IVRCL jumped 8.77% intraday in the early morning trade on the BSE after the company informed the stock exchange that it has bagged orders worth Rs 350.96 crore under its Irrigation and Water divisions.
However, at 1414 hours, the shares of the company were trading slightly down as compared to the morning level at 5.35% or Rs 0.50 at Rs 9.85 per scrip on the BSE.
ALSO READ: VRCL to float two separate companies; shares jump over 6%
On Friday, the share of the company opened at Rs 9.45 while its previous close was at Rs 9.35 on the BSE. The day's high and low stood at Rs 10.17 and Rs 9.45, respectively on the stock exchange.
IVRCL is into an engineering, procurement and construction activities (EPC) in India. The company has a presence in five sectors- irrigation, transportation, power distribution and transmission, operations and maintenance, mining.