IVRCL Infrastructures rises after firm denies pledging shares
BS Reporter / Mumbai Jan 28, 2009, 00:53 IST
Shares of IVRCL Infrastructures & Projects (IVRCL) spurted 9.28 per cent after the company denied reports that its promoters had pledged shares with individuals or institutions. The stock made an intra-day high of Rs 98.9 and a low of Rs 91.6.
The stock witnessed trading volumes of 8 lakh shares as against its two-week average of 9 lakh shares. The scrip made a 52-week high of Rs 494.9 (January 25, 2008) and a low of Rs 56.5 (October 27, 2008). In the last one month alone, the IVRCL scrip has decreased by 32 per cent.
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Shares of IVRCL Infrastructures & Projects (IVRCL) spurted 9.28 per cent after the company denied reports that its promoters had pledged shares with individuals or institutions. The stock made an intra-day high of Rs 98.9 and a low of Rs 91.6.
