IL&FS Engineering and Construction Company is currently trading at Rs. 46.85, up by 1.95 points or 4.34% from its previous closing of Rs. 44.90 on the BSE.
The scrip opened at Rs. 48.00 and has touched a high and low of Rs. 48.75 and Rs. 46.50 respectively. So far 33,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.70 on 09-Apr-2015 and a 52 week low of Rs. 39.30 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 48.75 and Rs. 43.30 respectively. The current market cap of the company is Rs. 567.63 crore.
The promoters holding in the company stood at 32.55%, while Institutions and Non-Institutions held 11.93% and 55.52% respectively.
IL&FS Engineering and Construction Company and Unitech Power Transmission Joint Venture (JV) has received letter of award for Rs 153.99 crore turnkey works of 765 kV transmission line in Gujarat from Power Grid Corporation of India (PGCIL).
The scope of work includes supply contract for tower package for 765 kV Bhuj-Banaskanta Transmission Line associated with green energy corridor. The project completion period is 24 months from the date of issue of the LoA.
The contract has been won under international competitive bidding process and the project is funded by the KFW Bank.
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 |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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