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IL&FS Transportation Networks surges as its arm bags contract worth Rs 427 crore

29 Nov 2013 Evaluate

IL&FS Transportation Networks is currently trading at Rs. 124.90, up by 2.15 points or 1.75% from its previous closing of Rs. 122.75 on the BSE.

The scrip opened at Rs. 124.00 and has touched a high and low of Rs. 128.00 and Rs. 123.00 respectively. So far 11,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 227.00 on 09-Jan-2013 and a 52 week low of Rs. 98.10 on 19-Sep-2013.

Last one week high and low of the scrip stood at Rs. 125.50 and Rs. 111.95 respectively. The current market cap of the company is Rs. 2,418 crore.

The promoters holding in the company stood at 72.46% while Institutions and Non-Institutions held 6.43% and 21.11% respectively.

IL&FS Transportation Networks’ a wholly owned subsidiary in Spain - Elsamex SA, has been awarded the contract by State Road Agency of Ukraine for rehabilitation and improvement of the road stretch from M06 Highway Kyiv to Chop Contract Km 434+230-Km 621+500 to the defined standards and for executing the routine and periodic maintenance of the same over a period of seven years

The estimated total contract value is Euro 50.5 Million (approximately Rs 427 crore) which is being financed by the European Bank for Reconstruction and Development.

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

2.47 -0.01 (-0.40%)
23-Apr-2026 16:59 View Price Chart
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