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Ramky Infrastructure touches the roof on inking pact with IL&FS Transportation Networks

17 Aug 2018 Evaluate

Ramky Infrastructure is currently trading at its upper circuit limit of Rs. 176.45, up by 8.40 points or 5.00 % from its previous closing of Rs. 168.05 on the BSE.

The scrip opened at Rs. 168.00 and has touched a high and low of Rs. 176.45 and Rs. 168.00 respectively. So far 38670 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 271.05 on 06-Dec-2017 and a 52 week low of Rs. 78.90 on 18-Aug-2017.

Last one week high and low of the scrip stood at Rs. 176.45 and Rs. 162.25 respectively. The current market cap of the company is Rs. 1009.26 crore.

The promoters holding in the company stood at 67.76%, while institutions and non-institutions held 1.77% and 30.48% respectively.

Ramky Infrastructure has signed definitive agreements with IL&FS Transportation Networks (ITNL) for acquisition of 11,67,50,000 Equity shares of Rs 10 each representing 50% held by ITNL in NAM Expressway which will become its wholly owned subsidiary. The company will sell 4,20,00,000 Equity Shares of Rs 10 each representing 50% held in Jorabat Shillong Expressway (JSEL) to ITNL. The net consideration payable for the above transaction to ITNL will be Rs 43.20 crore.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.

Ramky Infrastructure Share Price

427.40 -2.85 (-0.66%)
19-Jun-2026 16:59 View Price Chart
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