IL&FS Engineering and Construction is currently trading at Rs. 59.20, up by 0.95 points or 1.63% from its previous closing of Rs. 58.25 on the BSE.
The scrip opened at Rs. 59.30 and has touched a high and low of Rs. 60.50 and Rs. 58.55 respectively. So far 17,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.75 on 15-Feb-2012 and a 52 week low of Rs. 48.20 on 21-Aug-2012.
Last one week high and low of the scrip stood at Rs. 61.45 and Rs. 57.25 respectively. The current market cap of the company is Rs. 458 crore.
The promoters holding in the company stood at 29.78% while Institutions and Non-Institutions held 17.35% and 52.87% respectively.
IL&FS Engineering and Construction Company has received a Letter of Award (LoA) from IL&FS Maritime Infrastructure Company (IMICL) on behalf of Dighi Port for a total value of Rs 168 crore for Engineering, Procurement, and Construction (EPC) of multipurpose berth, backup yard development, and utilities of multipurpose terminal on North Side of Dighi Port, Agardanda in the state of Maharashtra. The project completion period is 545 days from the date of Notice to Proceed (NTP).
The scope of works includes design & construction of multipurpose berth (335mx35m) and development of backup area of 50 acres, ground improvement works & paving of 16 hectares area, construction of utilities like buildings, internal roads, water supply & drainage, power supply, railway siding within the backup area and dust suppression works.
