IL&FS Transportation Networks is currently trading at Rs. 150.00, up by 3.30 points or 2.25% from its previous closing of Rs. 146.70 on the BSE.
The scrip opened at Rs. 147.85 and has touched a high and low of Rs. 150.60 and Rs. 147.85 respectively. So far 1,551 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 257.00 on 21-Jul-2014 and a 52 week low of Rs. 137.25 on 16-Jun-2015.
Last one week high and low of the scrip stood at Rs. 151.75 and Rs. 142.50 respectively. The current market cap of the company is Rs. 3,705.00 crore.
The promoters holding in the company stood at 70.79% while Institutions and Non-Institutions held 8.59% and 20.62% respectively.
IL&FS Transportation Networks has emerged as the lowest bidder for National Highways Authority of India (NHAI) project for “4-laning of Amravati-Chikhli (Package-I) section of NH-6 in the state of Maharashtra from Km. 166.000 to Km. 360.000 on BOT (TOLL) basis on DBFOT pattern under NHDP Phase-IV”. The concession for the Project will be 19 years including construction period of 910 days and the estimated cost of the Project is Rs 2288.18 crore. The company had quoted a grant of Rs 183.05 crore for the project.
IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.
