CARE Ratings Limited (CARE) has assigned credit rating of CARE A1+ (SO) for the proposed issue of Commercial Papers of IL&FS Engineering and Construction Company Ltd for an amount upto Rs 1,000 million.
Since, the Company had not mobilized any fund for the aforementioned Commercial Paper issue programme, CARE has withdrawn the said rating of CARE A1+(SO) for the Company's Commercial Paper issue programme.
Shares of IL&FS ENGINEERING AND CONSTRUCTION COMPANY LTD. was last trading in BSE at Rs.13.3 as compared to the previous close of Rs. 14.35. The total number of shares traded during the day was 32458 in over 161 trades.
The stock hit an intraday high of Rs. 14.9 and intraday low of 13.1. The net turnover during the day was Rs. 438779.