GMR stock moves fast on the back of good news
DSIJ Intelligence / 17 Aug 2017
With the news of GMR Infrastructure Limited having won the airport land use case in Supreme Court, its stock began to rally during Thursday’s trade and breached the upper circuit on the BSE.
With the news of GMR Infrastructure Limited having won the airport land use case in Supreme Court, its stock began to rally during Thursday’s trade and breached the upper circuit on the BSE.
GMR was trading at Rs 18.55 per share, up by Rs 2.15 or 13.11% as at 1220 hours on Thursday, on the BSE. The stock witnessed a rise in volume by more than 2.88 times. It posted trading of 38.6 lakh shares in a block on the BSE at Rs 16.50 per share.
As of now, it is the most active stock in terms of volume on the NSE and attracted a traded volume of 8,44,91,984 shares and traded value of Rs 15,098.72 lakhs. The stock had hit its 52-week high of Rs 22.05 on June 22, 2017 and low of Rs 10.20 on November 9, 2016.