IVRCL lost 4.36% to Rs 16.23 at 13:13 IST on BSE on profit booking after gaining 21.21% in prior four trading days.
Meanwhile, the BSE Sensex was down 3.56 points, or 0.02%, to 20,954.25
On BSE, 29.09 lakh shares were traded in the counter compared with average volume of 10.47 lakh shares in the past one quarter.
The stock hit a high of Rs 17.35 and a low of Rs 16.12 so far during the day. The stock hit a 52-week high of Rs 48.20 on 7 December 2012. The stock hit a 52-week low of Rs 9.80 on 28 August 2013.
The stock had outperformed the market over the past one month till 5 December 2013, rising 14.9% compared with the Sensex's 0.08% fall. The scrip also outperformed the market in past one quarter, surging 63.65% as against Sensex's 10.42% rise.
The small-cap company has an equity capital of Rs 61.38 crore. Face value per share is Rs 2.
Shares of IVRCL were on a roll recently, advancing 21.21% in four trading days to Rs 16.97 on 5 December 2013 from a recent low of Rs 14 on 29 November 2013.
IVRCL reported net loss of Rs 122.49 crore in Q2 September 2013 as against net loss of Rs 39.59 crore in Q2 September 2012. Net sales rose 13% to Rs 1124.27 crore in Q2 September 2013 over Q2 September 2012.
IVRCL operates in the core infrastructure sectors of water & environment, transportation, buildings and power.
Powered by Capital Market - Live News
