IL&FS Transportation Networks is currently trading at Rs. 187.50, up by 3.20 points or 1.74% from its previous closing of Rs. 184.30 on the BSE.

The scrip opened at Rs. 186.00 and has touched a high and low of Rs. 189.70 and Rs. 185.25 respectively. So far 5520 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.50 on 19-Jul-2011 and a 52 week low of Rs. 143.10 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 189.70 and Rs. 177.95 respectively. The current market cap of the company is Rs. 3642.52 crore.

The promoters holding in the company stood at 72.46% while Institutions and Non-Institutions held 6.98% and 20.56% respectively. 

IL&FS Transportation Networks has received letter of award (LOA) from National Highways Authority of India (NHAI) for development and operation of Sikar-Bikaner section from 340.188 km of NH-11 to 557.775 km of NH-11 via Sikar Bypass and Bikaner Bypass from 553.869 km of NH-11 to 267.325 km of NH-89 by two laning with paved shoulder in the Rajasthan State through Public-Private Partnership on design, build, finance, operate and transfer (DBFOT) basis.

The project is on toll basis with a concession period of 25 years including construction period of 2 years and the estimated cost of the project is Rs 650.84 crore. The company had quoted a grant of Rs 247.32 crore for the project.

Further, the concession agreement for the project was signed on June 29, 2012 between NHAI and Sikar Bikaner Highway, the special purpose vehicle incorporated by the company for undertaking the project.

IL&FS Transportation Networks has been involved in the development, operation and maintenance of national and state highways, roads (including urban roads), flyovers and bridges in Andhra Pradesh, Delhi, Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Kerala, Jharkhand and Rajasthan.

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IL&FS Trans &Network Share Price

2.25 0.07 (3.21%) Feb 25, 18:59
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