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GTL Infrastructure surges on inking tower infrastructure sharing deal with Reliance Jio Infocomm

19 Sep 2014 Evaluate

GTL Infrastructure is currently trading at Rs 3.16, up by 0.15 points or 4.98% from its previous closing of Rs 3.01 on the BSE.

The scrip opened at Rs 3.16 and has touched a high and low of Rs 3.16 and Rs 3.08 respectively. So far 17907986 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs. 4.10 on 09-Jun-2014 and a 52 week low of Rs. 1.34 on 27-Mar-2014.

Last one week high and low of the scrip stood at Rs. 3.02 and Rs. 2.67 respectively. The current market cap of the company is Rs. 726.62 crore.

The promoters holding in the company stood at 27.17% while Institutions and Non-Institutions held 51.81% and 21.02% respectively.

GTL Infrastructure, a Global Group enterprise, engaged in the business of Shared Passive Telecom Infrastructure in India, has inked a Master Services Agreement (MSA) with Reliance Jio Infocomm, a subsidiary of Reliance Industries (RIL), for tower infrastructure sharing.

GTL Infra, together with Chennai Network Infrastructure (CNIL), has a combined tower portfolio of more than 27,800 towers spread across 22 telecom Circles in India, and serving all the major telecom operators. The company has a pan India tower portfolio that is balanced across key growth regions of Metros and B & C class circles.

GTL Infrastructure is a pioneer in Shared Passive Telecom Infrastructure. GTL Infra builds, owns, operates and maintains passive network infrastructure (towers) in order to cater to the rapidly growing infrastructure needs of cellular telecom operators.

GTL Infrastructure Share Price

1.26 0.02 (1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Vindhya Telelinks 1376.60
HFCL 95.45
Pace Digitek 177.15
Bondada Engineering 359.85
GTL Infrastructure 1.26
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