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1. IVRCL at its lowest level since 2003
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01.04.2016
Stock prices
of
construction
company
IVRCL
today
stooped to
the lowest
level since
July 2003.
Today the
company’s
shares
dropped to
Rs 5.60 on
the National
Stock
Exchange
(NSE) which
is its lowest
level since
2003.
The sharp
fall in the
last two days
came after an
under-construction flyover in Kolkata collapsed on Thursday, killing 20 people and leaving many
others trapped and injured.
In its press release, IVRCL stated that the Vivekananda Flyover project in Kolkata, under execution
by the company, has suffered an accident on March 31, 2016 caused by an under construction
section falling down.
At 30.20 pm the shares of the company were trading 11.72 percent lower on the NSE at Rs 5.65.
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