IL&FS Transportation Networks is currently trading at Rs. 111.00, up by 0.75 points or 0.68% from its previous closing of Rs. 110.25 on the BSE.
The scrip opened at Rs. 110.00 and has touched a high and low of Rs. 111.50 and Rs. 110.00 respectively. So far 3,619 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 124.80 on 12-Jan-2017 and a 52 week low of Rs. 64.00 on 26-Feb-2016.
Last one week high and low of the scrip stood at Rs. 113.70 and Rs. 107.80 respectively. The current market cap of the company is Rs. 3,651.46 crore.
The promoters holding in the company stood at 73.22%, while Institutions and Non-Institutions held 7.97% and 18.82% respectively.
IL&FS Transportation Networks’ (ITNL) joint venture (JV) in ratio of 51:49 with IL&FS Engineering and Construction Company has been awarded a new project in Madhya Pradesh. The JV has emerged as the lowest bidder for the project which has a construction period of 20 months. It had quoted an amount of Rs 175.48 crore for the project.
The JV had submitted bid with the Madhya Pradesh Road Development Corporation (MPRDC) for widening and reconstruction of Ganj-Rajnagar Road, Laundi-Mahoba Road, Nawgong-Shrinagar Road and Baxwaha-Dalpatpur Road in the state of Madhya Pradesh funded by New Development Bank under Madhya Pradesh Major District Roads Upgradation Project (MPMDRUP) on item rate basis.
IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private partnership on build-operate-transfer (BOT) basis.