IL&FS Transportation rises as its SPV secures order worth Rs 1,818.47 crore

19 Mar 2012

IL&FS Transportation Networks is currently trading at Rs. 193.95, up by 2.35 points or 1.23% from its previous closing of Rs. 191.60 on the BSE.

The scrip opened at Rs. 193.05 and has touched a high and low of Rs. 196.90 and Rs. 192.60 respectively. So far 5052 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 256.65 on 04-Apr-2011 and a 52 week low of Rs. 143.10 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 198.95 and Rs. 189.05 respectively. The current market cap of the company is Rs. 3775.59 crore.

The promoters holding in the company stood at 71.20% while Institutions and Non-Institutions held 6.82% and 21.98% respectively. 

IL&FS Transportation Networks’ Special Purpose Vehicle (SPV) Kiratpur Ner Chowk Expressway has secured project worth Rs 1,818.47 crore from National Highways Authority of India (NHAI). The contract is for four laning of Kiratpur to Ner-Chowk Section of NH-21 from Km 73.200 to Km 186.500 in the State of Himachal Pradesh to be executed as BOT (Toll) on DBFOT pattern under NHDP Phase - III.

The project is on Toll basis with a concession period of 28 years including construction period of 3 years. The company had quoted a grant of Rs 134.57 crore for 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.

Related IL&FS Transportation Networks Ltd. Links:

IL&FS Trans &Network Share Price

2.23 -0.06 (-2.62%) May 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1415.50
Rail Vikas Nigam 29.20
KEC International 388.40
NCC 78.55
PNC Infratech 228.55
View more..
Sensex vs IL&FS Trans &Network
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback