IL&FS Group shares under pressure; IL&FS Engineering hits record low

Thus far in the calendar year 2018, IL&FS Engineering, IL&FS Investment Managers and IL&FS Transportation Networks were down 63% to 70%, against 12% rise in the S&P BSE Sensex.

Shares of IL&FS Group listed companies were under pressure with IL&FS Engineering and Construction Company (IECCL) hitting a record low, while IL&FS Investment Managers touching a 52-week low on the BSE on Wednesday.

IECCL hit a record low of Rs 15.70, finally settled at Rs 16.20, a 2.4% lower against its Tuesday’s close. IL&FS Investment Managers ended 0.17% lower at Rs 11.65, after touching a 52-week low of Rs 11.48 in intra-day trade today. IL&FS Transportation Networks was ended 0.5% higher at Rs 30.40 after falling 3% to Rs 29.40 in intra-day deal.

Thus far in the calendar