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GTL Infrastructure surges on getting SEBI, BSE and NSE approval for merger with CNIL

06 Sep 2017 Evaluate

GTL Infrastructure is currently trading at Rs. 6.90, up by 0.08 points or 1.17% from its previous closing of Rs. 6.82 on the BSE.

The scrip opened at Rs. 6.85 and has touched a high and low of Rs. 7.00 and Rs. 6.73 respectively. So far 394934 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 8.60 on 27-Jul-2017 and a 52 week low of Rs. 2.33 on 07-Sep-2016.

Last one week high and low of the scrip stood at Rs. 7.00 and Rs. 6.45 respectively. The current market cap of the company is Rs. 2857.12 crore.

The promoters holding in the company stood at 15.14%, while institutions and non-institutions held 69.54% and 15.32% respectively.

GTL Infrastructure has received an approval from Securities and Exchange Board of India (SEBI), Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) for the proposed Scheme of Amalgamation of Chennai Network Infrastructure (CNIL) with itself.

The Company had previously received the approval from the Competition Commission of India; the in-principle approval of the Joint Lenders Forum; and the approval of the Series B FCCB holders.

GTL Infrastructure is the pioneer in Shared Telecom Infrastructure in India. The company offers ready to use passive infrastructure to wireless 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
View more..

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