IFCI sells 25.14 lakh shares of Era Infra Engineering

19 Nov 2014 Evaluate

IFCI has sold 25.14 lakh shares of Era Infra Engineering through the open market route. The shares were sold on an average price of Rs 9.30 valuing the transaction to Rs 2.33 crore. 

Era Infra Engineering, incorporated in September 1990, is the flagship company of the Era Group. The company is a growing construction company with a pan-India presence and has experience in various kinds of construction projects such as power, housing, road, industrial and aviation.

Peers
Company Name CMP
Larsen & Toubro 1610.05
Rail Vikas Nigam 31.80
KEC International 380.55
NCC 64.65
Ircon International 39.60
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