Iragavarapu Venkata Reddy Construction Limited (IVRCL) has received new orders worth Rs. 226 crore. The building division of the company has received orders worth Rs. 163.12 crore from the Government of India, Department of Atomic Energy, Civil Engineering Division, Tamil Nadu, and an order worth Rs. 86.04 crore from National Institute of Biomedical Genomics, Kalyani, the company said in a release.
The Water Division has won an order from Bangalore Water Supply and Sewerage Board worth Rs 62.19 crore and an order worth Rs 57.50 lakhs from Greater Hyderabad Municipal Corporation, Hyderabad, the release added.
With this project, the company saw a rise in their stock prices. Their shares went up by 6 % to Rs. 18 as soon as the company announced about the orders.
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