IL&FS Engineering and Construction Company is currently trading at Rs. 64.00, up by 4.40 points or 7.38% from its previous closing of Rs. 59.60 on the BSE.
The scrip opened at Rs. 61.05 and has touched a high and low of Rs. 64.00 and Rs. 61.05 respectively. So far 8,568 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 76.10 on 21-May-2014 and a 52 week low of Rs. 22.25 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 64.00 and Rs. 58.65 respectively. The current market cap of the company is Rs. 575.00 crore.
The promoters holding in the company stood at 29.76% while Institutions and Non-Institutions held 16.78% and 53.46% respectively.
IL&FS Engineering and Construction Company has received a Letter of Intent (LoI) from the Lodha Group for civil construction works of the 18 proposed G+15 residential buildings in Phase II of its Palava project near Dombivli in Mumbai. The total value of the contract is Rs 105-crore contract and the completion period for the entire work is 332 days.
The company is currently executing ‘Orchid Heights’, a high-rise residential buildings project at Byculla in Mumbai involving construction of two high-rise towers.
IL&FS Engineering and Construction Company is engaged in infrastructure development, construction and project management. The company has undertaken projects in segments such as roads/ expressways/ highways, buildings and industrial structures, irrigation canals and dams and thermal and hydel power.
| Company Name | CMP |
|---|---|
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| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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