IVRCL jumps after winning new orders.

IVRCL jumped 8.18% to Rs. 11.11 on BSE after the company said that its irrigation division and water division have bagged orders worth an aggregate Rs. 2632.85 crore.

IVRCL said its irrigation division bagged five orders worth Rs. 2492 crore. The division won three separate orders from Karnataka Neeravari Nigam (KNNL) and two separate orders from Krishna Bhagya Jala Nigam (KBJNL) in Karnataka state.

The water division won a single order worth Rs. 140.85 crore from Government of Andhra Pradesh, INCAP, Hyderabad, the company said in a statement.

IVRCL operates in the core infrastructure sectors of water & environment, transportation, buildings and power.


BS