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ITNL up 2%, gets provisional CC for border check post

Shares of IL&FS Transportation Networks (ITNL) jumped over 2 percent intraday on Monday after its subsidiary company received provisional completion certificate to operate a border check post.

April 13, 2015 / 16:39 IST
     
     
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    Moneycontrol Bureau

    Shares of IL&FS Transportation Networks (ITNL) jumped over 2 percent intraday on Monday after its subsidiary company received provisional completion certificate to operate a border check post.

    The subsidiary company received certificate to commercially operate the Ujjain-Jhalawar (M-3) border checkpost with effect from April 10, 2015. MP Border Check post Development Company had been mandated development of 24 border checkposts.

    The project is fee based with a concession period of 12.5 years. 

    The stock closed at Rs 196.10, up Rs 1.80, or 0.93 percent on the BSE.

    (Posted by Nasrin Sultana)

    first published: Apr 13, 2015 04:39 pm

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