Reuters Market Eye - Shares in IVRCL Ltd
IVRCL shares fell even as a senior executive told a TV news channel the company was looking to raise 4 billion rupees by the end of March by selling assets.
"Funding shortage is there, but we have already initiated the sale of some assets," said R Balarami Reddy, chief financial officer of IVRCL, in an interview to news channel ET Now.
"Once it comes to the final stage we will announce."
(Reporting by Abhishek Vishnoi)