IL&FS Engineering surges on winning Rs 129.66 crore pipeline laying contract

IL&FS Engineering and Construction Company Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532907 | NSE: IL&FSENGG

16 Apr 2018 Evaluate

IL&FS Engineering and Construction Company is currently trading at Rs. 37.75, up by 2.05 points or 5.74% from its previous closing of Rs. 35.70 on the BSE.

The scrip opened at Rs. 37.15 and has touched a high and low of Rs. 37.80 and Rs. 36.90 respectively. So far 8,714 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 60.50 on 04-May-2017 and a 52 week low of Rs. 27.80 on 02-Apr-2018.

Last one week high and low of the scrip stood at Rs. 42.40 and Rs. 35.50 respectively. The current market cap of the company is Rs. 494.98 crore.

The promoters holding in the company stood at 42.25%, while Institutions and Non-Institutions held 7.52% and 50.23% respectively.

IL&FS Engineering and Construction Company has received Fax of Acceptance (FOA) from Gas Authority of India (GAIL) for Laying and Construction of Steel Gas Pipeline for a total length of 30” diameter which is 95.4 Km long, along with Associated Facilities for Section V of Bokaro- Angul Section of Jagdishpur -Haldia -Bokaro- Dhamra Pipeline Project (JHBDPL) PH-II in Odisha state.

The total value of the contract is Rs 129.66 crore (excluding GST), and is to be mechanically completed in 12 months from date of FOA and with additional 3 months for drying, commissioning and GAS-IN.

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.

IL&FS Engg. & Const. Share Price

29.80 1.10 (3.83%)

10-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	3946.55
Kalpataru Projects	1351.30
Rail Vikas Nigam	232.80
NCC	146.20
KEC International	504.95
View more..

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