IVRCL Infra Bags orders worth Rs746 cr
The Infrastructure development company IVRCL Infrastructures and Projects has bagged orders worth a whopping Rs746.26 crore from different agencies for construction related projects.
The realty firm will undertake a turnkey housing project for AP Cine Workers Co-operative Housing Society at Hyderabad for Rs 550.28 crore. Hyderabad-based firm got an order worth Rs114.35 crore from City and Industrial Development Corporation of Maharashtra (CIDCO) for construction of an exhibition centre in Navi Mumbai.
In addition to the above, it has received another order worth Rs70.62 crore from Government of Pondicherry for creating new habitation in the Union Territory (UT) for Tsunami affected people.
In another development, the company has been awarded an order worth Rs 11 crore from West Bengal Electronics Industry Development Corporation (WBEL) for construction of an IT park at Durgapur in the state.
IVRCL shares were up 2.35 per cent at Rs 168 at the BSE.