IL&FS Transportation Networks is currently trading at Rs. 72.80, up by 0.10 points or 0.14% from its previous closing of Rs. 72.70 on the BSE.
The scrip opened at Rs. 73.80 and has touched a high and low of Rs. 74.25 and Rs. 72.50 respectively. So far 9,316 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. 70.00 on 28-Sep-2017.
Last one week high and low of the scrip stood at Rs. 78.80 and Rs. 70.00 respectively. The current market cap of the company is Rs. 2,394.00 crore.
The promoters holding in the company stood at 73.22%, while Institutions and Non-Institutions held 7.30% and 19.49% respectively.
IL&FS Transportation Networks has signed agreements on September 29, 2017 with Oriental Tollroads, Delhi for divesting part of its equity stake in SPVs. The board approved to sell 55,46,230 equity shares of Rs 10 each held in Gujarat Road and Infrastructure Company (GRICL), representing 10% of paid up equity capital at an aggregate consideration of Rs 83.19 crore.
Further, the board also approved to sell 3,21,40,691 equity shares of Rs 10 each held in Moradabad Bareilly Expressway (MBEL), representing 14.5% of paid up equity capital at an aggregate consideration of Rs 80.35 crore.
IL&FS Transportation Networks is an India-based surface transportation infrastructure company.
