IVRCL rose 1.85% to Rs 16.50 at 11:04 IST on BSE after the company said it has secured new orders aggregating Rs 1097.57 crore across its various business segments.
On BSE, 6.20 lakh shares were traded in the counter as against average daily volume of 14.64 lakh shares in the past one quarter.
The stock was volatile. The stock rose as much as 3.39% at the day's high of Rs 16.75 so far during the day. The stock lost as much as 1.85% at the day's low of Rs 15.90 so far during the day. The stock had hit a 52-week low of Rs 11.80 on 25 June 2013. The stock had hit a 52-week high of Rs 52.55 on 11 July 2012.
The stock had underperformed the market over the past one month till 11 July 2013, gaining 0.93% compared with the Sensex's 2.78% rise. The scrip had also underperformed the market in past one quarter, declining 14.51% as against Sensex's 6.12% gain.
The small-cap company has equity capital of Rs 61.38 crore. Face value per share is Rs 2.
IVRCL's Building division (India & UAE) secured orders aggregating Rs 573.12 crore. The company's Water division bagged orders worth Rs 471.82 crore. Power division received orders totaling to Rs 52.63 crore.
IVRCL's net profit rose 22.9% to Rs 6.07 crore on 6.5% decline in net sales to Rs 1492.09 crore in the quarter ended 31 March 2013 over the quarter ended 31 March 2012.
About IVRCL:
IVRCL operates in the core infrastructure sectors of water & environment, transportation, buildings and power.
On BSE, 6.20 lakh shares were traded in the counter as against average daily volume of 14.64 lakh shares in the past one quarter.The stock was volatile. The stock rose as much as 3.39% at the day's high of Rs 16.75 so far during the day. The stock lost as much as 1.85% at the day's low of Rs 15.90 so far during the day. The stock had hit a 52-week low of Rs 11.80 on 25 June 2013. The stock had hit a 52-week high of Rs 52.55 on 11 July 2012.
The stock had underperformed the market over the past one month till 11 July 2013, gaining 0.93% compared with the Sensex's 2.78% rise. The scrip had also underperformed the market in past one quarter, declining 14.51% as against Sensex's 6.12% gain.
The small-cap company has equity capital of Rs 61.38 crore. Face value per share is Rs 2.
IVRCL's Building division (India & UAE) secured orders aggregating Rs 573.12 crore. The company's Water division bagged orders worth Rs 471.82 crore. Power division received orders totaling to Rs 52.63 crore.
IVRCL's net profit rose 22.9% to Rs 6.07 crore on 6.5% decline in net sales to Rs 1492.09 crore in the quarter ended 31 March 2013 over the quarter ended 31 March 2012.
About IVRCL:
IVRCL operates in the core infrastructure sectors of water & environment, transportation, buildings and power.
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