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IL&FS Transportation jumps on bagging road maintenance contracts in Portugal

12 Feb 2013 Evaluate

IL&FS Transportation is currently trading at Rs. 195.70, up by 1.00 points or 0.51% from its previous closing of Rs. 194.70 on the BSE.

The scrip opened at Rs. 195.00 and has touched a high and low of Rs. 198.00 and Rs. 192.35 respectively. So far 5,206 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 227.00 on 09-Jan-2013 and a 52 week low of Rs. 156.60 on 13-Sep-2012.

Last one week high and low of the scrip stood at Rs. 205.85 and Rs. 192.00 respectively. The current market cap of the company is Rs. 3,801 crore.

The promoters holding in the company stood at 72.46% while Institutions and Non-Institutions held 7.00% and 20.54% respectively.

IL&FS Transportation Networks’ has been awarded contracts by Estradas de Portugal, the Roads Development Company of the Government of Portugal for maintenance of 2 road projects. The award was bagged by Intevial Gestao Integral Rodoviaria SA, a wholly owned subsidiary of Elsamex S.A., a subsidiary of the company in Spain. The estimated total contract value is Euro 5.95 million valuing approximately around Rs 42.62 crore.

The contract is for maintenance of roads in the city of Oporto comprising of 338 lane kms for a period of 2 years and maintenance of road in the city of Lisbon comprising of 431 lane kms for a period of 1 year aggregating to 769 lane kms effective April 01, 2013.

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.

IL&FS Trans &Network Share Price

2.63 0.08 (3.14%)
17-Apr-2026 16:59 View Price Chart
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