IL&FS Engineering and Construction Company is currently trading at Rs. 45.05, up by 2.30 points or 5.38% from its previous closing of Rs. 42.75 on the BSE.
The scrip opened at Rs. 45.50 and has touched a high and low of Rs. 46.00 and Rs. 44.65 respectively. So far 14,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.55 on 14-Dec-2015 and a 52 week low of Rs. 36.80 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 46.00 and Rs. 40.30 respectively. The current market cap of the company is Rs. 544.00 crore.
The promoters holding in the company stood at 37.50%, while Institutions and Non-Institutions held 10.90% and 51.59% respectively.
IL&FS Engineering and Construction Company has emerged as the lowest bidder for two Rural Electrification (RE) Works and additional two Integrated Power Development Works (IPDS) of West Bengal State Electricity Distribution Company (WBSEDCL), Kolkata worth Rs 677.8 crore. Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY)–RE contracts are being funded by Rural Electrification Corporation (REC) and IPDS contracts are being funded by Power Financial Corporation (PFC).
For RE Works Under DDUGJY, contract value of package No. 2 for 24 Paraganas North Bidhannagar & 24 Paraganas South is Rs 179.7 crore and contract value of package No. 7 for Paschim Medinipur is Rs 176.3 crore. For Urban Areas under IPDS, contract value of package No. 6 for Purba Medinipur is Rs 162.2 crore and contract value of package No.10 for 24 Parganas South is Rs 159.6 crore. The completion schedule of total work is 24 months.
IL&FS Engineering and Construction Company is one of the leading multi-national Infrastructure Development, Construction and Project Management companies with more than two decades of rich and varied experience in executing landmark projects. The company executes projects under various domains such as Buildings & Structures, Roads, Railways, Irrigation, Power, Ports, and Oil & Gas.
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| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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