IL&FS Transportation Networks lost 5.79% to Rs 145.50 at 13:52 IST on BSE after a bulk deal of 12.30 lakh shares was executed on the counter at Rs 145 per share at 10:06 IST on BSE today, 5 June 2015.
Meanwhile, the S&P BSE Sensex was up 118.59 points or 0.44% at 26,930.48
Bulk deal boosted volume on the IL&FS Transportation Networks (ITNL) scrip. On BSE, so far 13.48 lakh shares were traded in the counter as against average daily volume of 32,209 shares in the past one quarter.
The stock hit a high of Rs 152.30 and a low of Rs 145 so far during the day. The stock had hit a 52-week high of Rs 257 on 21 July 2014. The stock had hit a 52-week low of Rs 151.50 on 3 June 2015.
The stock had underperformed the market over the past one month till 4 June 2015, dropping 10.49% compared with 2.46% decline in the Sensex. The scrip had also underperformed the market in past one quarter, declining 29.56% as against Sensex's 8.74% fall.
The mid-cap company has equity capital of Rs 246.72 crore. Face value per share is Rs 10.
On a consolidated basis, net profit of IL&FS Transportation Networks fell 33.7% to Rs 77.85 crore on 19.4% decline in total income to Rs 1572.45 crore in Q4 March 2015 over Q4 March 2014.
IL&FS Transportation Networks is the largest BOT road asset owner in India in terms of length of road in its portfolio. The company has a diverse portfolio of projects in the surface transportation segment mainly in the PPP (Public Private Partnership) road sector. It acts as developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance. The company has also ventured into other transportation sub-sectors such as railways, urban transportation systems and border check-posts.
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