India's GPT Infraprojects jumps to over 4-year high on bonus issue plan

GPT Infraprojects

21/09/2022 05:57

** Infrastructure company GPT Infraprojects Ltd's shares
 GPTI.NS  up as much as 8.29% at 131.9 rupees ($1.65) - highest
since Sept 18, 2018
    ** GPTI up for a third straight session after a two-day
losing streak
    ** Co on Tuesday said it will consider and approve the
issuance of bonus shares in the board meeting scheduled to be
held on Sept 27  urn:newsml:reuters.com:*:nFWN30R13G
    ** More than 200,000 shares traded, 1.7x times their 30-day
moving avg of more than 100,000 shares
    ** Up to Tuesday's close, stock had risen 50.6% YTD


($1 = 79.7970 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((yagnoseni.das@thomsonreuters.com))