IL&FS Transportation Networks is currently trading at Rs. 210.00, up by 0.05 points or 0.02% from its previous closing of Rs. 209.95 on the BSE.
The scrip opened at Rs. 209.00 and has touched a high and low of Rs. 213.00 and Rs. 209.00 respectively. So far 3234 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 224.30 on 06-Feb-2012 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. 215.75 and Rs. 193.25 respectively. The current market cap of the company is Rs. 4088.36 crore.
The promoters holding in the company stood at 72.46% while Institutions and Non-Institutions held 6.51% and 21.03% respectively.
IL&FS Transportation Networks’ wholly owned subsidiary in Spain - Elsamex S.A, a 50:50 consortium with ASCON Road Construction LLC, UAE had participated in the bid tendered by the Department of Transport, Government of Abu Dhabi, UAE for the performance based contract for the Maintenance of Abu Dhabi Al Ain Highway (E22) and Truck Road (E30/E40) the key strategic highway between Abu Dhabi and Al Ain.
The consortium has been awarded the aforesaid contract for maintenance of 512 Km of road sections with approx. 1,238 lane kilometers for a period of 2 years
The estimated total contract value is AED 118.4 Million (approximately Rs.175.65 crore) which includes share of Elsamex S.A. of AED 59.2 Million (approximately Rs.87.82 crores)
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.
