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IL&FS Engineering gains on emerging as lowest bidder for project worth Rs 225 crore

09 Dec 2016 Evaluate

IL&FS Engineering and Construction Company is currently trading at Rs. 44.80, up by 0.40 points or 0.90% from its previous closing of Rs. 44.40 on the BSE.

The scrip opened at Rs. 44.50 and has touched a high and low of Rs. 45.35 and Rs. 44.50 respectively.

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. 46.90 and Rs. 43.05 respectively. The current market cap of the company is Rs. 542.79 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 Rural Electrification (RE) works of Jharkhand Bijli Vitran Nigam (JBVNL), Ranchi worth Rs 225 crore in package of Sahibganj comprising Sahibganj and Pakur districts in Jharkhand state under Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY). Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY)-RE contracts are being funded by Rural Electrification Corporation (REC). The completion schedule of the works is 24 months.

The company had recently 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.

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.


IL&FS Engg. & Const. Share Price

28.00 0.13 (0.47%)
17-Apr-2026 16:59 View Price Chart
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