Published on 7/12/2017 11:37:36 AM | Source: Dion Global Solutions Ltd

GMR Infra up 2% on bidding for airport project in Philippines

Posted in | #Infrastructure Sector #GMR Infrastructure Ltd #Stock On The Move #Philippines


Shares of GMR Infrastructure rose over 2 per cent on the Bombay Stock Exchange after media report suggested that the company along with its partner Megawide, is bidding for the USD 250 million Clark International Airport new terminal building project in Philippines. Riding high on media report, shares of company gained as much as 2.08 per cent to touch an intra-day high of Rs 17.20 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the company were trading 2.38 per cent higher at Rs 17.20 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 32,836.18, up 239.00 points, or 0.73 per cent, at 11:15 hours.