GVK Power shines 10% after block deal

India Infoline News Service | Mumbai | October 17, 2016 16:49 IST

Around 57.10 million shares or 8.7% stake of the company changed hands.

GVK Power & Infrastructure Ltd ended at Rs 6.97, up by Rs 0.69 or 10.99% from its previous closing of Rs 6.28 on the BSE. Around 57.10 million shares or 8.7% stake of the company changed hands.

The scrip opened at Rs 6.37 and touched a high and low of Rs 7.48 and Rs 6.27 respectively. A total of 86899153 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 991.74 crore.

The BSE group 'A' stock of face value Rs 1 touched a 52 week high of Rs 9.77 on 24-Nov-2015 and a 52 week low of Rs 4.13 on 06-Jun-2016. Last one week high and low of the scrip stood at Rs 6.43 and Rs 6.21 respectively.

The promoters holding in the company stood at 54.25 % while Institutions and Non-Institutions held 8.57 % and 37.18 % respectively.

The stock traded above its 200 DMA.


***Note: This is a NSE Chart

 

Advertisements

  • Get your free IIFL Demat & Trading A/c now...Click here
  • Get IIFL express personal loan disbursal in just 8* hours...Know More
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.