Monday 21 March 2016

Lanco Infratech surges 3%

Ratnagiri Power, GMR Energy, GVK Power, Lanco Infratech and Sravanthi Energy are among companies that emerged with aggressive bids in third round of imported natural gas auction, according to reports. 

Lanco Infratech stock was up by 3% at Rs. 5.23. Ratnagiri Power, GMR Energy, GVK Power, Lanco Infratech and Sravanthi Energy are among companies that emerged with aggressive bids in third round of imported natural gas auction, according to reports.

The scrip opened at Rs. 5.06 and has touched a high and low of Rs. 5.29 and Rs. 5.06 respectively. So far 1088632(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1399.41 crore.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.78 on 06-Jan-2016 and a 52 week low of Rs. 2.46 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 5.5 and Rs. 5.05 respectively.

The promoters holding in the company stood at 70.55 % while Institutions and Non-Institutions held 5.04 % and 24.41 % respectively.

The stock is currently trading above its 50 DMA.

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