IL&FS Engineering touches the roof on receiving LOA for construction of Aanand Vilas

02 Jan 2014

IL&FS Engineering and Construction Company is currently trading at Rs. 48.50, up by 2.30 points or 4.98% from its previous closing of Rs. 46.20 on the BSE.

The scrip opened at Rs. 48.50 and has touched a high and low of Rs. 48.50 and Rs. 48.50 respectively. So far 2884 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. 48.50 and Rs. 32.00 respectively. The current market cap of the company is Rs. 435.47 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 Puri Constructions for construction and completion of Aanand Vilas, a residential project at Sector 81 in Faridabad, Haryana. The total value of this project is Rs. 112.05 crore, which is to be completed in 21 months. The scope of work includes construction of sub-structure and super-structure of towers 1 to 12 including non-tower area and allied buildings.

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.

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IL&FS Engg. & Const. Share Price

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