Merrill Lynch Capital acquires 2.125 million shares of IVRCL

17 Apr 2012

Foreign fund house Merrill Lynch Capital Markets has bought 2.125 million shares of infrastructure company IVRCL for Rs 15 crore through an open market transcation.

Merrill Lynch Capital Markets Espana SA SVB acquired 21,25,000 equities of IVRCL for Rs 70.83 apiece, valuing the deal to Rs 15 crore. Last week, Merrill Lynch Capital Markets bought 1.6 million shares of IVRCL for Rs 11.83 crore.

IVRCL is engaged into engineering procurement and construction (EPC) activities in India. It conducts operations in 5 sectors namely Water and Environment, Transportation, Buildings, Power and Industrial Structures.

Related IVRCL Ltd. Links:
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1415.50
Rail Vikas Nigam 29.20
KEC International 388.40
NCC 78.55
PNC Infratech 228.55
View more..
Sensex vs IVRCL
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback