IL&FS Engineering is currently trading at Rs. 33.80, up by 0.45 points or 1.35% from its previous closing of Rs. 33.35 on the BSE.
The scrip opened at Rs. 33.25 and has touched a high and low of Rs. 34.70 and Rs. 32.30 respectively. So far 24,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 67.95 on 28-Jan-2013 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. 39.40 and Rs. 32.05 respectively. The current market cap of the company is Rs. 303 crore.
The promoters holding in the company stood at 29.78% while Institutions and Non-Institutions held 17.31% and 52.91% respectively.
IL&FS Engineering and Construction Company has received a Letter of Award (LoA) from Paschimanchal Vidyut Vitran Nigam (PVVNL) for Rural Electrification (RE) works in Bulandshahr district of Uttar Pradesh on a turnkey basis under Government of India scheme of Rajeev Gandhi Grameen Vidyutikaran Yojana (RGGVY) Phase-II. The total value of this contract is Rs 149.68 Crores, and the project completion period is 18 months. The project is funded by Rural Electrification Corporation.
The Company recently won a Rural Electrification project from Madhyanchal Vidyut Vitran Nigam (MVVNL) for RE works in Ambedkarnagar district of Uttar Pradesh. The Company is already executing RE works (Packages 12, 13, & 14) for WBSEDCL (West Bengal State Electricity Distribution Company), and for Power Grid Corporation of India in the state of Orissa.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
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