IL&FS Engineering and Construction Company is currently trading at Rs. 56.00, up by 1.20 points or 2.19% from its previous closing of Rs. 54.80 on the BSE.
The scrip opened at Rs. 55.00 and has touched a high and low of Rs. 58.00 and Rs. 54.50 respectively. So far 20571 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 66.00 on 09-Sep-2016 and a 52 week low of Rs. 36.80 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 58.00 and Rs. 51.00 respectively. The current market cap of the company is Rs. 671.22 crore.
The promoters holding in the company stood at 37.50%, while Institutions and Non-Institutions held 10.91% and 51.58% respectively.
IL&FS Engineering and Construction Company has received Fax of Acceptance (FOA) from Gas Authority of India (GAIL) for two pipeline laying contracts worth Rs 123.05 crore (plus Service Tax) in Kerala / Karnataka. Both the spreads are contiguous and are part of Kochi-Koottanad-Mangalore pipeline project.
The company is already executing a part of this Kochi-Koottanad-Mangalore pipeline project for GAIL worth Rs 173.13 crore in Kerala. Recently, the company has bagged another pipeline laying contract from GAIL worth Rs 162.58 crores in Bihar state.
IL&FS Engineering and Construction Company is one of the leading multi-national Infrastructure Development, Construction and Project Management companies with nearly three decades of rich and varied experience in executing landmark projects.