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IL&FS Engineering shines on bagging project worth Rs 244.46 crore from Emaar MGF

13 Sep 2013 Evaluate

IL&FS Engineering and Construction Company is currently trading at Rs 28.75, up by 2.60 points or 9.94% from its previous closing of Rs 26.15 on the BSE.

The scrip opened at Rs 28.00 and has touched a high and low of Rs 28.75 and Rs. 27.35 respectively. So far 8074 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 72.80 on 04-Oct-2012 and a 52 week low of Rs 19.40 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs 27.75 and Rs 24.25 respectively. The current market cap of the company is Rs 258.14 crore.

The promoters holding in the company stood at 29.78% while Institutions and Non-Institutions held 17.30% and 52.91% respectively.

IL&FS Engineering and Construction Company has received a Letter of Award (LoA) from Emaar MGF Land for construction of civil structure, finishing & low side service works of 150 nos of Residential Villas -- Marbella -- (G-F2 Storey Building including Basement), compound wall, and other miscellaneous works at Sector 65 & 66 in Gurgaon, Haryana. The total value of this contract is Rs 244.46 crore and the project is expected to be completed within a period of 30 months.

The company is already executing two buildings & structures projects for Emaar MGF ‘Palm Terraces Select Housing Complex’ at Sector 66, and ‘Palm Garden Housing Complex Project’ at Sector 83 in Gurgaon worth around Rs 475 crore.

IL&FS Engineering and Construction Company is engaged in infrastructure development, construction and project management. The company has undertaken projects in segments such as roads/ expressways/ highways, buildings and industrial structures, irrigation canals and dams and thermal and hydel power.

IL&FS Engg. & Const. Share Price

28.00 0.13 (0.47%)
17-Apr-2026 16:59 View Price Chart
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