LIVE MARKET TRACKER :   BSE SENSEX   31559.81      |    NSE NIFTY 9850.55    
GLOBAL MARKETS :  NASDAQ 6370.5898   -0.8765%    |    FSI London 7285.71   -0.21%    |    NIKKEI Japan 20330.19   -0.33%
  USD GBP EUR CAD AUD INR
USD - 0.7410 0.8450 1.2375 1.2613 65.3580
GBP 1.3497 - 1.1402 1.6702 1.7020 88.2091
EUR 1.1838 0.8772 - 1.4650 1.4930 77.3722
CAD 0.8082 0.5992 0.6827 - 1.0195 52.8290
AUD 0.7930 0.5877 0.6700 0.9813 - 51.8420
INR 0.0153 0.0113 0.0129 0.0190 0.0193 -
Indian-Commodity  :  Equity & Shares  :  IL&FS Engineering surges on receiving FOA from GAIL

IL&FS Engineering surges on receiving FOA from GAIL (07-Sep-2016)

IL&FS Engineering and Construction Company is currently trading at Rs. 58.35, up by 2.00 points or 3.55% from its previous closing of Rs. 58.30 on the BSE.

The scrip opened at Rs. 59.40 and has touched a high and low of Rs. 60.95 and Rs. 57.25 respectively. So far 79,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.75 on 14-Oct-2015 and a 52 week low of Rs. 39.15 on 23-May-2016.

Last one week high and low of the scrip stood at Rs. 60.95 and Rs. 47.85 respectively. The current market cap of the company is Rs. 706.36 crore.

The promoters holding in the company stood at 37.50%, while Institutions and Non-Institutions held 10.94% and 51.55% respectively.

IL&FS Engineering and Construction Company (IL&FS Engineering Services) has received the Fax of Acceptance (FOA) from Gas Authority of India (GAIL),  for Laying and Construction of Pipeline along with Associated Works of Section I Pipeline from Dispatch Terminal at Existing IP Station-1 at FACT Udyog Mandal of Phase-1 at Chainage 0.000 Km. to IP Station-1 of Phase-II at approximately Chainage 90.615 Km. at Koottanad including Station Works at Dispatch Terminal at existing IP Station-1, SV-1, SV-2, SV-3, SV-4, & SV-5 and IP Station-1 at Koottanad of Kochi-Koottanad-Bangalore-Mangalore Pipeline Project Phase-II in Kerala.

The total length of the 30” pipeline is 91 Km. The total value of the contract is Rs 173.13 crore and is to be mechanically completed in 24 months from date of FOA and with additional 2 months for commissioning and GAS-IN.

IL&FS Engineering and Construction Company (IL&FS Engineering Services) is an India-based multi-national infrastructure development, construction and project management company. The company is engaged in the development of projects under various domains, such as buildings and structures, roads, railways, irrigation, power, ports, and oil and gas.




Top News Today
Maruti Suzuki's - WagonR scales unique feat of cumulative two-million sales
(26-Sep-2017)

Maruti SuzukiMaruti Suzuki's popular car, WagonR has scaled the unique feat of two-million sales in cumulative wholesales. Launched in 1999, WagonR continues to feature among the top five best selling cars in the country......click on news to read complete article.

SEBI imposes Rs 4 lakh penalty on Swagruha Infrastructure
(26-Sep-2017)

SEBI imposes Rs 4 lakh penalty on Swagruha InfrastructureMarkets regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 4 lakh on Swagruha Infrastructure (SIL) for failing to make requisite disclosures for 11 straight years.As per......click on news to read complete article.

Godrej Properties raises Rs 500 crore on private placement basis
(26-Sep-2017)

Godrej Properties raises Rs 500 crore on private placement basisGodrej Properties has raised Rs 500 crore on private placement basis. The Committee of Directors at the meeting held on September 25, 2017 had issued and allotted Unsecured Non-Convertible Debentures (NCDs)......click on news to read complete article.

International Stock News
US markets closed lower on North Korea's threat
(26-Sep-2017)

US markets closed lower on North KoreaThe US markets closed lower on Monday, on the back of a fresh flare up in tensions between the US and North Korea and a sharp decline in technology shares. North Korean foreign minister Ri Yong Ho, speaking......click on news to read complete article.

Asian markets trade mostly lower in early deals on Monday
(25-Sep-2017)

Asian markets trade mostly lower in early deals on MondayMost of the Asian equity benchmarks are trading down in the early deals on Monday, following the lackluster cues from Wall Street and concerns about China's economy. Investors digested election results......click on news to read complete article.

US markets end flat on geopolitical concerns
(23-Sep-2017)

US markets end flat on geopolitical concernsThe US markets ended the lackluster session near their neutral lines on Friday on geopolitical concerns amid an escalating war of words between North Korean leader Kim Jong Un and President Donald Trump.......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.