Unity Infraprojects surges 4%

Unity Infraprojects Ltd has announced that the Lenders of the Company in its Joint Lenders Forum (JLF) held on March 29, 2016 have approved in "In principle" the decision for invocation of Strategic Debt Restructuring (SDR) .

Mar 30, 2016 03:03 IST India Infoline News Service

Unity Infraprojects
Unity Infraprojects Ltd stock was up by 4% at Rs. 12. The company has announced that the Lenders of the Company in its Joint Lenders Forum (JLF) held on March 29, 2016 have approved in "In principle" the decision for invocation of Strategic Debt Restructuring (SDR) pursuant to RBI Circular dated June 08, 2015.
The scrip opened at Rs. 12.28 and has touched a high and low of Rs. 12.3 and Rs. 12.06 respectively. So far 4355(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 135.37 crore.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 20.8 on 15-Apr-2015 and a 52 week low of Rs. 9.8 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 12.4 and Rs. 11.3 respectively.
The promoters holding in the company stood at 64.8 % while Institutions and Non-Institutions held 14.02 % and 21.17 % respectively.

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