IL&FS Transportation Networks is currently trading at Rs. 89.85, up by 0.80 points or 0.90% from its previous closing of Rs. 89.05 on the BSE.
The scrip opened at Rs. 89.40 and has touched a high and low of Rs. 91.10 and Rs. 89.15 respectively. So far 125032 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. 95.35 and Rs. 88.10 respectively. The current market cap of the company is Rs. 2937.61 crore.
The promoters holding in the company stood at 73.22%, while institutions and non-institutions held 6.51% and 20.27% respectively.
IL&FS Transportation Networks’ wholly owned subsidiary -- ITNL Offshore has successfully priced a bond deal for CNH 900 million (Reg S only) Senior Unsecured Notes due 2021 at an annualized yield of 8% and has completed the allocation to the Investors on January 11, 2018.
This is the largest ever CNH bond issuance by the company in the International markets and one of the largest size achieved by an Indian corporate in the CNH bond market. These Notes will be listed on the Singapore Stock Exchange. The proceeds of this bond would be primarily used to refinance the existing bonds of the company.
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.
