IVRCL shares hit near 13-year low after Kolkata flyover collapse

Shares of IVRCL extended losses for the second straight session on Friday after a flyover in Kolkata, which the infrastructure firm was building collapsed.  

The stock fell as much as 10.79 per cent to Rs 5.70, its lowest level since July 1, 2003. The scrip had lost 6.39 per cent on Thursday's trade.

The compamy said it is awaiting details on the cause of the accident and will cooperate with the authorities in all investigations.

Death toll in the collapse of the under construction flyover rose to 23 on Friday.