IL&FS Engineering shares gain on fund raising plans

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IL&FS Engineering shares gain on fund raising plans
IL&FS Engineering & Construction Company: Quotes, News
BSE 42.50BSE Quote1.25 (2.94%)
NSE 42.85NSE Quote1 (2.33%)
IL&FS Engineering shares surged more than 12% after the company announced the plans to raise funds.

Shares of the company were seen trading at Rs 68.70 higher by 12.35% on BSE at 1.25 pm IST. It touched an intra-day high of Rs 72.

IL&FS Engineering had reported standalone net loss of Rs 37.89 crore for the quarter ended September 30. The company's total income from operations rose to Rs 556.86 crore during the quarter, against Rs 453.31 crore in the corresponding quarter of last year.

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