IVRCL is currently trading at Rs 49.70, up by 0.65 points or 1.33% from its previous closing of Rs 49.05 on the BSE.
The scrip opened at Rs 51.00 and has touched a high and low of Rs 51.00 and Rs 49.45 respectively. So far 85358 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 174.00 on 27-Sep-2010 and a 52 week low of Rs 45.55 on 09-Aug-2011.
Last one week high and low of the scrip stood at Rs 51.10 and Rs 45.55 respectively. The current market cap of the company is Rs 1309.68 crore.
The promoters holding in the company stood at 9.52% while Institutions and Non-Institutions held 52.31% and 38.17% respectively.
Credit rating agency, ICRA has re-affirmed the long-term ratings of A+ assigned earlier to the Rs 100 crore term loans, Rs 866 crore fund- based facilities and Rs 3,709 crore non-fund based facilities of IVRCL. The rating agency has also re-affirmed the short-term ratings of A1 assigned earlier to the Rs 309 crore fund-based facilities and the Rs 841 crore non-fund based facilities of the company. The long term ratings carry a Stable outlook.
The ratings reaffirmation takes into account the established position of the company in the Indian infrastructure sector and its steady operations, as reflected by stable operating margins over the years. The ratings also factor in the company’s strong order book position (at over Rs 15934 crore as on March 31, 2011), which provides visibility of revenues in the medium term.
IVRCL is engaged primarily in providing Engineering, Procurement, Construction and Commissioning services in major infrastructure segments including urban/rural water supply, irrigation and environment related projects, pipelines, power projects (substations and transmission and distribution Lines), buildings and industrial structures, roads and bridges.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3604.55 |
| Rail Vikas Nigam | 420.40 |
| NCC | 284.00 |
| KEC International | 998.65 |
| Kalpataru Projects | 1122.45 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
