MoneyWorks4Me

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 3655.45
Kalpataru Projects 1394.85
NCC 124.60
Rail Vikas Nigam 199.80
KEC International 352.15
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