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IL&FS Engineering touches roof on bagging order worth Rs 1,232 crore from NHAI

14 Oct 2014 Evaluate

IL&FS Engineering and Construction Company is locked at upper circuit limit at Rs. 65.45, up by 10.90 points or 19.98% from its previous closing of Rs. 54.55 on the BSE.

The scrip opened at Rs. 63.10 and has touched a high and low of Rs. 65.45 and Rs. 63.10 respectively. So far 88,000 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. 30.10 on 25-Oct-2013.

Last one week high and low of the scrip stood at Rs. 65.45 and Rs. 53.45 respectively. The current market cap of the company is Rs. 588.00 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 Award (LoA) from National Highways Authority of India (NHAI) for a total value of Rs 1,232 crore for Four Laning of Patna-Gaya-Dobhi Section of NH-83 from km 0.000 to km 127.217 in the state of Bihar to be executed under JICA ODA Loan Assistance. The project completion period is 1095 days from commencement date.

The widening of this national highway will give a major boost to the tourism industry there as it falls under the Buddhist circuit. It will also provide substantial economic gain in terms of reduced vehicle operating costs and reduced travel time.

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.

IL&FS Engg. & Const. Share Price

28.00 0.13 (0.47%)
17-Apr-2026 16:59 View Price Chart
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