IVRCL is currently trading at Rs. 33.20, up by 1.15 points or 3.59% from its previous closing of Rs. 32.05 on the BSE.

The scrip opened at Rs. 32.00 and has touched a high and low of Rs. 33.85 and Rs. 30.05 respectively. So far 624106 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 137.00 on 25-Nov-2010 and a 52 week low of Rs. 28.40 on 18-Nov-2011.

Last one week high and low of the scrip stood at Rs. 38.90 and Rs. 28.40 respectively. The current market cap of the company is Rs. 855.77 crore.

The promoters holding in the company stood at 11.01% while Institutions and Non-Institutions held 43.04% and 45.95% respectively. 

IVRCL has denied reports published by newspapers titled -- IVRCL to go for mining in Africa. The company denies the giving out of any press note/ press release to any publication. In fact, the company has not even discussed anything on these lines in any of its board meetings.

However, the company will continue to bid for projects abroad, including in Africa, under its Engineering, Procurement and Construction (EPC) segment.

IVRCL is engaged primarily in providing engineering, procurement, construction and commissioning services in major infrastructure segments including urban/rural water supply, irrigation and environment related projects, pipelines, power projects (substations and transmission and distribution lines), buildings and industrial structures, roads and bridges.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323