IL&FS Engineering and Construction Company rose 1.89% to Rs 64.55 at 09:25 IST on BSE ahead of its board meeting today, 28 November 2014 to consider additional fund raising options for the company.
Meanwhile, the S&P BSE Sensex was up 297.53 points or 1.05% at 28,736.44
On BSE, so far 2,318 shares were traded in the counter as against average daily volume of 34,000 shares in the past two quarters.
The stock hit a high of Rs 65.05 and a low of Rs 64.35 so far during the day. The stock had hit a 52-week high of Rs 76.10 on 21 May 2014. The stock had hit a 52-week low of Rs 31 on 20 December 2013.
The small-cap company has equity capital of Rs 89.86 crore. Face value per share is Rs 10.
IL&FS Engineering and Construction Company had on 18 November 2014 announced scheduling of a meeting of the Board of Directors of the company on 28 November 2014 to consider additional fund raising options for the company.
IL&FS Engineering and Construction Company reported net loss of Rs 37.89 crore in Q2 September 2014, lower than net loss of Rs 53.25 crore in Q2 September 2013. Net sales rose 22.7% to Rs 556.27 crore in Q2 September 2014 over Q2 September 2013.
IL&FS Engineering and Construction Company is an infrastructure development, construction and project management company.
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