IL&FS Engineering and Construction Company Limited ('Company') has received a letter dated January 08, 2019 from Gujarat Metro Rail Corporation Limited informing the Company of the decision of the competent authority to terminate the contract for construction of Viaduct Corridor from Interface Point with Gyaspur Depot, i.e. Abutment of Depot to APMC Metro Rail Station to Shreyas Metro-Rail station all-inclusive of elevated Via-duct portion from Chainage (-) 1374.50 to (+) 3246.50 m and Elevated Metro Stations (four Numbers) Viz. APMC, Jivraj, Rajivnagar and Shreyas for Package-1 of North-South Corridor for Ahmedabad Metro Rail Project Phase-1.
Shares of IL&FS ENGINEERING AND CONSTRUCTION COMPANY LTD. was last trading in BSE at Rs.14.5 as compared to the previous close of Rs. 14.65. The total number of shares traded during the day was 4826 in over 16 trades.
The stock hit an intraday high of Rs. 15 and intraday low of 14.35. The net turnover during the day was Rs. 70922.