IVRCL bags orders worth Rs 484 cr

MUMBAI: IVRCL Infrastructures & Projects Ltd on Wednesday said it has bagged orders worth Rs 484 crore for construction related works.

The orders include a Rs 250-crore order from River Bank Developers for the construction of an integrated township spread over 40 lakh sq feet in Kolkata, IVRCL said in a filing to the Bombay Stock Exchange.

The company bagged a Rs 114-crore order from Delhi State Industrial and Infrastructure Development Corporation for the construction of 5,552 houses with cost effective technologies at Baprola in Delhi for economically weaker sections.

IVRCL bagged Rs 55-crore order from Jindal Steel & Power Ltd, Jharkhand, for civil and structural works for 3 million ton per annum capacity steel plant, the filing added.

The company bagged Rs 40-crore order from Bharat Heavy Earth Movers Ltd for civil works of auxiliary buildings in Kolkata. The remaining Rs 25-crore order is related to miscellaneous works, it added.

Shares of IVRCL were trading at Rs 401.05, up 3.74 per cent in the afternoon trade at the BSE.