IVRCL Infrastructures bags order worth Rs 1125 Crores

by khalid on 01/02/2010 · 0 comments

IVRCL Infrastructures & Projects Limited (IVRCL) is an engineering and construction company. The company informed the market (BSE) that they have won orders from National Highways Authority Of India (NHAI) and the order is for widening of NH 47 in the state of Tamil Nadu under the NHDP phase -II of Design, Build, Finance, Operate and Transfer (DBFOT) basis. The work has to be done is six laning of roads from Km. 102.035 to Km. 144.740 on Chengapalli to beginning of Coimbatore bypass and also four laning from Km 170.940 to Km. 183.060 on end of Coimbatore bypass to Tamil Nadu / Kerala border. The order is worth Rs 1125 crores. The concession period is 25 years this includes the execution time of the project of 30 months.

Share’s Data :
BSE Code : 530773
Mkt. Cap: Rs 4250 Crores
P/E: 18.17
EPS: 16.93
Face Value : Rs 2
Last dividend : 70% in May 2009
52 Week H/L : Rs 424.80 / 96.20
IVRCL Infrastructures & Projects Limited share’s CMP is Rs 318.35 on 1st Feb 2010.

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