IL&FS Transportation gains with arm receiving PCC for Khed-Sinnar Section

31 Jan 2017

IL&FS Transportation Networks is currently trading at Rs 112.05, up by 3.35 points or 3.08% from its previous closing of Rs 108.70 on the BSE.

The scrip opened at Rs 109.50 and has touched a high and low of Rs 113.30 and Rs 107.80 respectively. So far 134514 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 113.30 and Rs 107.80 respectively. The current market cap of the company is Rs 3603.76 crore.

The promoters holding in the company stood at 73.22%, while Institutions and Non-Institutions held 7.97% and 18.82% respectively.

IL&FS Transportation Networks’ wholly owned subsidiary, Khed Sinnar Expressway has been issued Provisional Completion Certificate (PCC) by the National Highways Authority of India (NHAI) on January 31, 2017. The certificate is for Four Laning of Khed-Sinnar Section of NH-50 from Km 42.000 to Km 177.000 (Design Length-137.946 Km) in the State of Maharashtra awarded on DBFOT Basis (the Project). The Project is on Toll basis with a concession period of 20 years including construction period of 910 days.

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.

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IL&FS Trans &Network Share Price

2.15 0.04 (1.90%) Mar 05, 18:59
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