The power division secured orders worth Rs 394.36 crore from Madhyanchal Vidyut Vitran Nigam Limited, Lucknow, on "turnkey" basis under the Centre's Rajiv Gandhi Gramin Vidyutikaran Yojna Phase-II, IVRCL said in a release today.
It was awarded construction of new international arrival block, internal modification of existing international passengers terminal building and associated works at Calicut International Airport by Airports Authority of India, the infra major further said.
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The value of work is Rs 83.85 crore and the completion period is 20 months. "The company also secured order for major bridge work and other related works between Indiranagar station and Surbarai in connection with doubling of Viramgam-Samakhiali BG section of Western Railway. The completion period is 18 months," IVRCL added.
Shares of IVRCL were quoted at 14.55 apiece, up 1.39 per cent, on BSE during the afternoon trade.
IVRCL stock price
On January 20, 2014, IVRCL closed at Rs 14.65, up Rs 0.30, or 2.09 percent. The 52-week high of the share was Rs 43.90 and the 52-week low was Rs 9.80.
The latest book value of the company is Rs 70.68 per share. At current value, the price-to-book value of the company was 0.21.
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