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Ramky Infra stock hits upper limit

The stock has hit a high of Rs. 35.75 and a low of Rs. 32.50 on BSE today.

June 17, 2015 11:00 IST | India Infoline News Service
Shares of Ramky Infrastructure Ltd were trading 17% higher at Rs. 34.75 on BSE today. The company is in talks to sell four road assets worth around Rs. 1,000 crore.

Ramky Infrastructure announced that the Board have reviewed the restructuring scheme under joint lenders forum and approved the same for execution by the Company.

The company has executed the restructuring documents with 6 lenders comprising of SBI, State Bank of Hyderabad, Punjab National Bank, IDBI Bank, ICICI Bank and Axis Bank.

Today, the stock has hit upper circuit at Rs. 35.75 on BSE.

The stock opened at Rs. 32.50 as against the previous close of Rs. 29.80 on BSE. It has hit a high of Rs. 35.75 and a low of Rs. 32.50 on BSE today.

Total traded quantity on the counter stood at over 3.46 lk shares on BSE.

Meanwhile, the BSE Sensex is up 123 points at 26,810.

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