Lanco Infratech is currently trading at Rs. 5.36, up by 0.01 points or 0.19% from its previous closing of Rs. 5.35 on the BSE.
The scrip opened at Rs. 5.60 and has touched a high and low of Rs. 5.60 and Rs. 5.30 respectively. So far 817054 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.78 on 06-Jan-2016 and a 52 week low of Rs. 2.46 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 5.61 and Rs. 5.01 respectively. The current market cap of the company is Rs. 1473.64 crore.
The promoters holding in the company stood at 70.55%, while Institutions and Non-Institutions held 4.97% and 24.49% respectively.
Lanco Infratech is in talks with lenders and consultants to sell some of its operating assets and also bring strategic investor at power holco level and/or at SPV level for the power portfolio/part of the power portfolio. This step has been taken by the company pursuant to the implementation of the CDR scheme and other fund raising proposals approved by the lenders in the past.
Lanco Infratech is the leading integrated infrastructure conglomerate with global footprints having business verticals viz. EPC, Power, Solar, Natural Resources and Infrastructure.
