IVRCL surges on new orders

IVRCL surged on Monday after receiving orders worth Rs 9.59 billion for irrigation water and power divisions of the company. The amount utilized for overseas operation is valued at Rs 5.96 billion, water division is valued at Rs 3.14 billion and Rs 480.7 million is used for the power divisions of the company. Shares ofthe companyare trading at Rs 48.90, up Rs 1.95, or 4.15% at the Bombay Stock Exchange (BSE) on Monday at 1:29 p.m.The scrip has touched an intra-day high of Rs 49.85 and low of Rs 47.15. The total volume of shares traded at the BSE is 1,525,757.In the earlier session, the shares gained 7.44%, or Rs 3.25, at Rs 46.95. Currently, the stock is trading down 34.97% from its 52-week high of Rs 75.20 and above 80.44% over the 52-week low of Rs 27.10.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 41.60 5.35 12.86 1 Month 42.65 4.30 10.08 3 Months 51.65 (4.70) (9.10) 6 Months 59.25 (12.30) (20.76) 1 Year 36.75 10.20 27.76 Note: Based on previous day closing price.