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The shares of IL&FS Engineering and Construction Co Ltd , IL&FS Transportation Networks Ltd and IL&FS Investment Managers Ltd are trading higher between 4.8 per cent and 9.3 per cent on Tuesday.
The IL&FS group on Monday said that it has initiated steps for monetisation of its domestic roads vertical. The beleaguered group, which is under severe cash crunch, has defaulted on multiple debt payments.
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