GTL Infra Share Price NSE Live as of 23 May 2024 📈
On 22 May 2024, the price of GTL Infrastructure shares is ₹1.55. Over the past 6 months, the share price has increased by 40.91%, and in the last year, it has seen a growth of 106.67%. The company’s share prices are volatile and fluctuate based on market conditions. As of 23 May 2024, GTL Infrastructure Limited’s closing price was ₹1.55. The latest PE ratio for GTL Infrastructure Limited as of 23 May 2024 was 0.00, and the latest PB ratio was -2.56.
The highest price for GTL Infra shares in the last 52 weeks was ₹2.60, while the lowest was ₹0.70. Market capitalization, or market cap, is determined by multiplying the current market price of a company’s shares by the total number of outstanding shares. As of 23 May 2024, at 03:59 PM, GTL Infrastructure Limited’s market cap was ₹1,985.09.
GTL Infra Stock Returns:
- 1-month return: -8.82%
- 6-month return: 40.91%
- YTD return: 14.81%
- 1-year return: 93.75%
- 5-year return: 93.75%
The GTL Infrastructure company’s shares were trading at ₹99.35 at one point. Now, the share price is ₹1.55. For those who invested ₹1 lakh in this stock 15 years ago, the value of their investment is now ₹3400. This penny stock has provided good returns to investors over the long term.
Risks in Penny Stocks:
Investing in penny stocks can be risky as they are highly volatile and have low liquidity. Many times, these stocks get stuck in lower circuits in the market, limiting trading. Market capitalization is low for many penny stock companies, with high price volatility and low liquidity, making price manipulation easy.
About GTL Infrastructure Limited:
GTL Infrastructure Limited is a telecommunications tower company based in India. The company was founded by Manoj Tirodkar, who currently serves as the chairman. It is involved in sharing basic infrastructure to small-cap businesses and meeting the needs of several telecommunications operators. The company provides shared infrastructure facilities based on construction, ownership, and operation. GTL Infrastructure has approximately 28,000 towers in around 22 urban and rural telecommunications circles in the country. The company headquartered in Mumbai is a leader in 2G, 3G, and 4G service areas.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
