GTL Infra Share Price Soars by 4% to 2.93 Rupees
Investors are witnessing a strong uptrend in GTL Infra share price, which was trading at 2.93 rupees with a 4% decline on Thursday. However, the stock is now seeing increased trading activity. Year-to-date, the company’s shares have generated a 105% return for its investors. During this period, the penny stock has surged from 75 paise to its current price.
Major Investors in GTL Infra Include LIC and Big Banks
India’s largest insurer, Life Insurance Corporation of India, holds a 3.33% stake in GTL Infra with 42,61,77,058 shares. On Friday, 2 August 2024, GTL Infra’s share was trading at 2.88 rupees, showing a 4.73% increase. Not only LIC but several public and private banks have also made significant investments in GTL Infra’s shares. YTD, the company’s shares have generated over 100% return for investors.
GTL Infra Stock Price Registers 44% Increase in Last Six Months
In the last six months, the company’s share price has increased by 44%. Over the past year, GTL Infra’s penny stock has seen a whopping 284% growth in investors’ funds. In 2024, the stock has surpassed its current price by 75 paise. Over the last five years, GTL Infra’s shares have earned investors a profit of 330%.
GTL Infra Market Capitalization Stands at 3,534.81 Crore Rupees
The company’s total market capitalization is 3,534.81 crore rupees. The 52-week high for the company’s share was 4.35 rupees, while the low was 0.70 rupees. GTL Infra primarily operates in the management of communication infrastructure shared by telecom towers and telecom operators. The company’s portfolio includes around 26,000 towers in 22 telecom circles across India.
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.
