by Ritmbarah Arora
GMR Infrastructure: The share price of GMR Infrastructure advanced 11.4% to Rs 26.2 and touched its 52-week high today. Around 51.1 million shares in volume have been traded so far. The share price gained 13.4% since the past week and the last month. The share price started rising after GMR Infrastructure announced today that it has entered into a strategic partnership with French airports operator Groupe ADP for its Airports Business.
The company said in a press release, “GIL has signed a share purchase agreement pursuant to which Groupe ADP will hold 49 per cent stake in GMR Airports Limited (GAL) for an equity consideration of Rs 10,780 crore, valuing GAL at the base post money valuation of Rs 22,000 crore". GMR Infrastructure is listed in 22 screeners on Trendlyne.
Tube Investments of India: The share price of Tube Investments of India jumped 9.8% to Rs 555.4 for the third consecutive trading session. Around 1.8 lakh shares in volume have been traded so far. The share price increased 8.8% since the last week and 4.6% since the last month. Tube Investments of India is listed in 15 screeners on Trendlyne.
Suzlon Energy: Suzlon Energy’s share price skyrocketed 8.2% to Rs 2.6 as of this writing. Around 17.2 million shares in volume have been traded so far. The share price is up 15.2% since the past week and 3.9% since the last month, per Trendlyne data.
The resolution plan of the company and its certain identified subsidiaries formulated under the Reserve Bank of India Directions, 2019 has received the approval from State Bank of India, as announced on February 22, 2020. Suzlon Energy is listed in 22 screeners on Trendlyne.
Tasty Bite Eatables: The share price of Tasty Bite Eatables surged 6.6% to Rs 13,106.7 while around 3,753 shares have been traded so far. The share price increased 14.1% since the last week and 45.7% since the last month. Tasty Bite Eatables is listed in 21 screeners on Trendlyne.
Birlasoft: The share price of Birlasoft rose 6% to Rs 104.5 as of now. Around 2 million shares in volume have been traded so far. The share price gained 9.8% since the past week and 45.3% since the last month. Birlasoft is looking to grow by focussing on micro-verticals and upselling multiple services to customers, as per a top executive of the company. The company is listed in 16 screeners on Trendlyne.