IVRCL, engaged in infrastructure business, witnessed a rise in share price on Wednesday after it has secured orders worth Rs 4.05 billion.
The two domestic projects awarded to IVRCL include an order of Rs 1.10 billion from Dream World Landmarks LLP (Godrej) for residential development for Godrej Prana, Pune and another order of Rs 2.95 billion from Orissa water supply and Sewerage board (OWSSB) for execution of additional sewer construction in Bhubaneswar.
Shares of the company are trading at Rs 14.90, up Rs 0.45, or 3.11% at the Bombay Stock Exchange (BSE) on Wednesday at 12:45 p.m.
The scrip has touched an intra-day high of Rs 15.15 and low of Rs 14.55. The total volume of shares traded at the BSE is 438,076.