IL&FS Transportation trades in green on the bourses

IL&FS Transportation Networks is currently trading at Rs. 208.00, up by 0.50 points or 0.24% from its previous closing of Rs. 207.50 on the BSE. The scrip opened at Rs. 209.15 and has touched a high and low of Rs. 212.00 and Rs. 208.00 respectively. So far 14687 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.80 on 22-May-2014 and a 52 week low of Rs. 93.67 on 19-Sep-2013. Last one week high and low of the scrip stood at Rs. 212.00 and Rs. 186.50 respectively. The current market cap of the company is Rs. 5137.94 crore. The promoters holding in the company stood at 72.50% while Institutions and Non-Institutions held 10.40% and 17.10% respectively. IL&FS Transportation Networks has increased its equity stake from 14.5% to 49% in the capital of Srinagar Sonmarg Tunnel way (SSTW). SSTW is a company promoted by SOMA Enterprise (SOMA), and the Company to undertake the Construction, Operation and Maintenance of Z-Morh Tunnel including approaches on National Highway No 1 (Srinagar - Sonmarg - Gumri Road) in the State of Jammu & Kashmir on Design, Build, Finance, Operate and Transfer (DBFOT) Annuity Basis. 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