IL&FS Engineering touches the roof on reporting net profit of Rs 40.14 crore in Q2

29 Nov 2017

IL&FS Engineering and Construction Company is currently trading at its upper circuit limit of Rs. 46.55, up by 2.20 points or 4.96% from its previous closing of Rs. 44.35 on the BSE.

The scrip opened at Rs. 46.55 and has touched a high and low of Rs. 46.55 and Rs. 46.55 respectively. So far 11908 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 65.95 on 21-Feb-2017 and a 52 week low of Rs. 31.00 on 29-Sep-2017.

Last one week high and low of the scrip stood at Rs. 46.55 and Rs. 41.40 respectively. The current market cap of the company is Rs. 610.37 crore.

The promoters holding in the company stood at 42.25%, while institutions and non-institutions held 8.83% and 48.92% respectively.

IL&FS Engineering & Construction Company has reported a net profit of Rs 40.14 crore for the second quarter ended September 30, 2017, as against a net loss of Rs 81.59 crore for the same quarter in the previous year. Total income of the company increased by 28.92% at Rs 487.94 crore for Q2FY18 as compared Rs 378.49 crore for the corresponding quarter previous year.

IL&FS Engineering and Construction Company is one of the leading multi-national Infrastructure Development, Construction and Project Management companies with nearly three decades of rich and varied experience in executing landmark projects.

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