GTL Financial News

Shares of Prestige Estates Projects Ltd.(up 1.08 per cent), Godrej Properties Ltd.(up 0.69 per cent) and Mahindra Lifespace Developers Ltd.(up 0.29 per cent) ended the day as top gainers in the pack. On the other hand, Macrotech Developers Ltd.(down 3.6 per cent), Brigade Enterprises Ltd.(down 1.93 per cent), Swan Energy Ltd.(down 1.52 per cent), DLF Ltd.(down 1.34 per cent) and Sobha Ltd.(down 1.08 per cent) finished as the top losers of the day.

Subscribe to enjoy similar stories. What do a state-run power behemoth, a humble penny stock, and a Maharatna enterprise have in common? These stocks are among a handful that have not only attracted retail investors in hordes in 2024 so far, but have also outdone themselves on this metric in each successive quarter. Leading this unlikely trio was NTPC Ltd, which added about 1.7 million new individual investors in the September quarter, thanks to its strong growth and green energy ambitions.

small-cap segments underperformed. During the June month, as many as 187 BSE500 stocks have delivered double digit weekly returns with four of them offering over 40% returns.

Small-cap stock below ₹50: According to the latest market data, Gujarat Toolroom shares have been in an uptrend since the early morning session on Tuesday. Today, the share price opened upside at ₹24.12 apiece on BSE and touched an intraday high of ₹26.29 apiece on BSE.

Q4 Results Today: Bharti Airtel, Siemens, Colgate-Palmolive (India), BASF India, Apollo Tyres, and PVR Inox, among 97 companies expected to post their earnings on May 14 for the fourth quarter that ended on March 31, 2024. On May 13, the benchmark indices continued their upward trajectory.

Multibagger penny stock: GTL Infrastructure shares are one of the multibagger stocks that the Indian stock market has delivered in the last one year. This penny stock has ascended from ₹0.85 to ₹1.85 per share level NSE, delivering over 115 percent return to its long-term shareholders. It would interesting for stock market investors to know that a good number of state-owned companies have a shareholding in this penny stock.

sold ₹10,164 crore worth of Indian equities and offloaded a total of ₹10,100 crore as of September 22, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL ) data. Foreign institutional investors (FIIs) have sold ₹7,300 crore in the last three trading sessions and around ₹16,934 crore in Indian equities till September 21. Rising bond yields in the US and strong dollar index are negative for capital flows.

CBI) has conducted searches at the office of GTL Infrastructure Ltd (GTIL) in Mumbai after registering an FIR against it and unidentified officials of banks in a loan-fraud case of more than Rs 4,000 crore, officials said on Tuesday. The officials of 13 banks are under the agency's scanner for allegedly assigning Rs 3,224 crore dues of the company to an asset reconstruction firm for Rs 1,867 crore without attempting to secure their loans from collateral securities, they said. They were part of the negotiations related to the outstanding loans of GTIL, the officials said. The banks are Union Bank of India, Central Bank of India, Indian Overseas Bank, Bank of Baroda, ICICI Bank, Punjab National Bank, Oriental Bank of Commerce, Andhra Bank, Bank of India, axis Bank, State Bank of India, United Bank of India and Dena Bank, they said. The Central Bureau of Investigation (CBI) registered the case after a preliminary inquiry in which it surfaced that GTIL, promoted by Manoj Tirodkar, was engaged in the «business of passive telecom infrastructure sites capable of hosting multiple service providers», according to the FIR. The officials said the searches were conducted at the company's office in Navi Mumbai recently.

1. Praj Industries Praj Industries, a leading provider of sustainable solutions for bioenergy and high purity process systems, showcased promising growth on July 7, 2023. The stock closed at Rs 397.35, surpassing the 50 SMA of Rs 373.18.2. GTL InfrastructureGTL Infrastructure, an Indian telecommunications infrastructure provider, experienced a positive market movement on July 7, 2023.