IVRCL Assets & Holdings is currently trading at Rs. 41.90, up by 2.15 points or 5.41% from its previous closing of Rs. 39.75 on the BSE.
The scrip opened at Rs. 40.95 and has touched a high and low of Rs. 42.00 and Rs. 40.65 respectively. So far 2059 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 77.40 on 08-Apr-2011 and a 52 week low of Rs. 20.75 on 21-Dec-2011.
Last one week high and low of the scrip stood at Rs. 50.60 and Rs. 39.15 respectively. The current market cap of the company is Rs. 814.79 crore.
The promoters holding in the company stood at 82.98% while Institutions and Non-Institutions held 9.03% and 7.99% respectively.
IVRCL Assets & Holdings (IVRCLAH) has received an approval from board of directors of the company on February 27, 2012 for its proposed scheme of amalgamation between IVRCL, IVRCL Assets & Holdings, RIHIM Developers and IVRCL TLT and their respective shareholders. The scheme was approved with the requisite majority.
IVRCL Assets & Holdings is engaged in the business of urban infrastructure development, i.e. projects relating to townships, mega malls and real estate property development.
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