GTL Infra Share Price | GTL Infra share fell below Rs 2, big update came, will the share rise – NSE: GTLINFRA
GTL Infra Share Price | Investors have suffered losses in GTL Infrastructure Limited Company shares in the last three months. GTL Infrastructure Limited Company Stock (NSE: GTLINFRA) It has fallen 32% from its high in the last 3 months. However, long term investors have got good returns. (Part of GTL Infrastructure Limited Company)
It is only because the stock has given a huge short term return of 353% in the last period that it is the reason for the decline now. Stock market experts say that the share of GTL Infrastructure Limited Company is also quite volatile because its business is not improving. Shares of GTL Infrastructure Limited Company are down 11 percent this week. On Friday, October 25, the stock was trading at Rs 1.97, down 5.29 per cent.
Trade of 6.39 crore shares
During Friday's trading, 6.39 crore shares of GTL Infrastructure Limited Company were traded. This number was much larger than that of any other stock. The total market cap of the company on Friday was Rs 2,523 crore. Meanwhile GTL Infrastructure Limited Company can be profitable if it can give positive signals regarding the growth and expansion of its business. GTL Infrastructure Limited has a debt of about Rs 3,901 crore. Apart from this, the promoters hold only 3.28% stake in the company. However, it is a positive sign that FIIs still hold 0.12% stake. GTL Infrastructure Limited Company's revenue has been decreasing at approximately 0.3% per year over the last 5 years. However, the share price was up 35%.
Stock gave multibagger returns
The stock has declined 17.57% in the last one month. The stock has given a return of 12.57% in the last six months. The stock has given 118.89% returns in the last one year. The stock has given 392.50% returns in the last five years.
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