IL&FS Engineering and Construction Company is currently trading at Rs. 56.65, up by 5.75 points or 11.30% from its previous closing of Rs. 50.90 on the BSE.
The scrip opened at Rs. 57.05 and has touched a high and low of Rs. 58.60 and Rs. 55.60 respectively. So far 57,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.70 on 31-Jul-2015 and a 52 week low of Rs. 39.15 on 23-May-2016.
Last one week high and low of the scrip stood at Rs. 58.60 and Rs. 46.30 respectively. The current market cap of the company is Rs. 686.97 crore.
The promoters holding in the company stood at 37.50%, while Institutions and Non-Institutions held 10.94% and 51.55% respectively.
IL&FS Engineering and Construction Company has received a Letter of Acceptance (LoA) from Nagpur Metro Rail Corporation, a Joint Venture of Government of India & Government of Maharashtra, for Rs 532.67 crore Nagpur Metro Rail Project.
The project involves construction of Seven Elevated Metro Stations, and Three At-Grade Stations (North South Corridor) viz. Congress Nagar to Khapri and Viaducts between Ch: 7/850 to 8/030 and Ch: 8/574 to 9/692 in Reach- I. The Project is to be completed in 110 weeks from the date of issue of LOA.
IL&FS Engineering Services is currently executing 4 Metro Rail Projects worth around Rs 1100 crore in Bangalore for Bangalore Metro Rail Corporation, in Gurgaon for Rapid Metro Rail Project, Phase-II (RMRG), in Kolkata for Rail Vikas Nigam (RVNL), and in Ahmedabad for Metro-Link Express for Gandhinagar & Ahmedabad (MEGA) Company.
In the past, IL&FS Engineering Services has successfully executed RMRG (Phase I) that involved construction of Elevated Viaduct including Six Elevated Station buildings.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
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