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IL&FS Transportation JV jumps on bagging order worth Rs 371.22 crore from CMRL

13 Jan 2017 Evaluate

IL&FS Transportation Networks is currently trading at Rs 119.20, up by 2.35 points or 2.01% from its previous closing of Rs 116.85 on the BSE.

The scrip opened at Rs 117.50 and has touched a high and low of Rs 121.40 and Rs 115.00 respectively. So far 321618 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 124.80 on 12-Jan-2017 and a 52 week low of Rs 64.00 on 26-Feb-2016.

Last one week high and low of the scrip stood at Rs 124.80 and Rs 110.70 respectively. The current market cap of the company is Rs 3789.62 crore.

The promoters holding in the company stood at 73.22%, while Institutions and Non-Institutions held 7.79% and 19.00% respectively.

IL&FS Transportation Networks in a joint venture (JV) with PJSC Kyivmetrobud has bagged an order worth Rs 371.22 crore from Chennai Metro Rail (CMRL). The order is for design validation and construction of underground stations.

The Letter of Acceptance issued by CMRL was accepted on January 9 by the company. The 70:30 joint venture with PJSC Kyivmetrobud had submitted bids with the Chennai Metro Rail (CMRL) and it was declared lowest bidder for the project, which is expected to be completed in 20 months.

IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private partnership on build-operate-transfer (BOT) basis.

IL&FS Trans &Network Share Price

2.63 0.08 (3.14%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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