📈 GTL Infra Share Price Soars to 1.85 Rupees Per Share with 115% Return for Investors
📅 March 13, 2024 ★GTL Infra’s stock price has seen a significant increase of 0.85 paise, reaching 1.85 rupees per share. Investors have enjoyed a remarkable 115% return over the past year. It is noteworthy that several major government banks, including LIC, have also invested in the penny stock company.
📈 LIC Holds 3.33% Stake in GTL Infra ★According to the company’s shareholding data for October-December 2023 quarter, LIC holds 42,61,77,058 shares of GTL Infra, equivalent to a 3.33% stake. There have been no changes in LIC’s shareholding in the company for the September and December quarters.
📉 Bank of Baroda Invests in GTL Infra ★GTL Infra’s stock was trading at 11.4 rupees with a 5.79% decline on Wednesday, March 13, 2024. Bank of Baroda also holds a 5.68% stake in the company, with 72,79,74,981 shares. The bank’s shareholding in GTL Infra remained unchanged in the previous quarter.
🏦 Other Banks’ Investments ★Apart from Bank of Baroda, other banks such as Canara Bank and Union Bank of India also hold stakes in GTL Infra. Canara Bank owns 51,91,15,428 shares (4.05%) of the company, while Union Bank of India holds a 12.07% stake with 1,54,62,71,599 shares.
💼 Central Bank’s Significant Stake ★The Central Bank holds a total of 7.36 shares or 94,21,54,37,65 shares in GTL Infra. This shows a strong interest from various banking institutions in the penny stock company.
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