Get the latest ivrcl limited news, company updates, quotes, offers, annual financial reports, graph, volumes, 52 week high low, buy sell tips, balance sheet, historical charts, market performance, capitalisation, dividends, volume, profit and loss account, research, results and more details at nse india. According to a release issued to the bse today, work relating to. It has an order book of rs 27,000 crore in infrastructure business and the. On the results side, companies are still struggling to translate these orders into better revenues. The final ranking of the top 30 infrastructure companies was based on a comprehensive quantitative and qualitative analysis of the overall business performance of every company. Ivrcl assets merger complete, order book remains robust the quarterly results are not comparable due to the merger of ivrcl assets with the parent company, ivrcl. The lanco infratech counsel made a similar point as part of argument during the hearings to determine whether the corporate debtor should be. Its welldiversified order book will help ivrcl take advantage of the increased infrastructure spending by the government across all verticals. Infrastructure company ivrcl ltd is headed for liquidation with the national company law tribunal nclt hyderabad bench allowing an application to this effect filed by the resolution professional.
Many big players facing issues with working capital as order book is not. Also, among midcap construction firms, ivrcl has a robust order book of. For instance, punj lloyd had an order backlog of 23,256 crore at the end of fy10 up 40% over last year. Pinc research has recommended a sell rating on ivrcl infrastructure and projects with a price target of rs 142 in its may 08, 2009 research report. The companys current order book position is at rs 24,000 crore and from that nearly rs 6,000 crore is internal. Read more about ivrcl order book up by rs 311cr on business standard. We believe that ivrcl will have to continuously show results on both these fronts for the stock to rerate. Read more about water treatment, access becomes fastgrowing biz on business standard. We maintain our tp of inr40share and our hold reco on the stock.
India incs order books swelled to rs 37,666 crore in the first quarter of the financial year 20082009, up 93 per cent from rs 19,520 crore for the same period last year. Ivrcl up for sale, liquidator invites eoi from bidders 06 sep, 2019, 09. Sutanu sinha, resolution professional of ivrcl limited is changed to. Ltd, punj lloyd ltd and ivrcl ltd are burdened with high debt on. Ivrcl s order book as of march 09 stands at rs 5 billion 2. Ivrcl infrastructures kotak securities research report. Result update m ivrcl infra structure exceptionals. Ivrcl infras financials a big letdown the economic times. Ivrcl order book up by rs 311cr business standard news. Sudhir reddy, cmd of ivrcl said that the companys current order book is rs 9500 crore. Fundamental analysis of ivrcl ltd large infra player in india. Order book, execution cap downsides for ivrcl infra. Ivrcl infrastructure and projects has announced its second quarter results. Ivrcl, iot, oil tanking to develop iocs terminal in paradip.
It is one of the best stocks to buy looking at its strong order book. Ivrcl a renowned indian infrastructure company undertaking water projects, transportation projects, industrial infrastructure projects, power transmission projects, mining projects and manymore. It comprised peer comparison, order book analysis, assessment of the diversity of projects as well as execution capabilities of these companies. Ivrcl sees fy11 order book at rs32,000 crore 2 min read. Order book robust at inr244bn the company ended q2fy14 with an order book of inr244bn including l1 orders of inr18bn. Share price today, stock price, live bsense prices.
Infra player ivrcl currently has an orderbook of rs 26,000 crore. Why are infrastructure stocks falling when order flows in roads are up. Ivrcl limited share price today, stock price, live nse. Design, construction, development, finance, operation and maintenance of indore to gujarat border on nh 59, in the state of madhya pradesh under nhdp phase iii. At the end of september, the total order book was around rs15,000 crore, which the management hopes to scale up to around rs22,000 crore by end of 200910.
Get ivrcl stock price details, news, financial results, stock charts, returns, research reports and more by continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. Ivrcl limited has informed the exchange that the annual general meeting of the company will be held on september 26, 2011. Ivrcl limited share price today, live nse stock price. Ivrcl has had a strong track record of growth and profits. Most of ivrcl s order book 91% comprises contracts with full pass through costs. A little over half of its order book is derived from water sector making it one of the biggest players in the irrigation infrastructure sector. Ivrcl a renowned indian infrastructure company undertaking water projects, transportation projects, industrial infrastructure projects, power transmission projects, mining. Ivrcl infra is expected to inch higher to rs 6061, one can keep a stop loss of rs 48, says kunal bothra of lkp. Epcc and lump sum turn key lstk facilities in various infrastructure projects such as water supply, r roads and bridges, townships and. Ivrcl plans second round of asset sales to cut debt. Ivrcl infra has come out with its quarterly results. Our performance as a company is influenced by the quality and creativity of that judgement. The entity operates in the infrastructure space through essel infra ltd. Prabhudas lilladher has come out with its earnings forecast report on construction and engineering sector for.
Qualification, recruitment, orientation, induction and training form the cornerstones of ivrcls hr policy. Executable order book currently at rs 1800020000cr. Ivrcl s order book, in terms of the mix of escalation costs, is one of the best in the industry. Addendum to advertisements published on 05 september 2019, 04 october 2019, 15 october 2019, 23 october 2019, 24 october 2019. Bdo restructuring advisory llp 1101b, manjeera trinity corporate, 11th floor land mark jntuhitech city road, kukatpally hyderabad 500072, telangana, india. Hyderabadbased ivrcl infra also bagged a couple of orders in the last quarter and doubled its outstanding order book to rs 23,900 crore for fy10. The major scope of project includes 4laning of salem to kumarapalyam and kumarapalayam to chengapalli of nh47 for a total length of 102 kms. Orders are flowing for the water and wastewater treatment industry, as leading players in the domestic market such as va tech wabag, larsen and toubro, thermax and ivrcl infra have bagged over rs 2,500 crore worth of orders in the past twotothree. Founded over 25 years ago, we are a leading epc and infrastructure public limited company listed on nse and bse stock exchanges in india. Despite economic slowdown, order book for the firm remained strong with. Forms to be used for submission of proof of claims to be made in accordance with chapter v of insolvency and bankruptcy board of india liquidation process regulations, 2017 read with insolvency and bankruptcy board of india liquidation process amendment regulation,2019. But this is a consequential oversight, because the built environment and not just cultural preferences or the existence of voluntary organizations. Our core strength lies in our human resources and we have more than 3000 qualified engineers, managers and professional technocrats across india. Ivrcl infrastructures good stock to buy with strong.
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