GTPL Hathway inches up on the bourses

GTPL Hathway inches up on the bourses

by admin- Tuesday, October 30th, 2018 04:29:58 PM

GTPL Hathway is presently trading at Rs. 88.70, up with the aid of zero.Seventy five points or zero.85% from its previous closing of Rs. 87.95 on the BSE.

The scrip opened at Rs. 89.00 and has touched a high and occasional of Rs. Ninety one.25 and Rs. 88.25 respectively. So a long way 1165 stocks have been traded on the counter.

The BSE organization ‘B’ inventory of face value Rs. 10 has touched a 52 week excessive of Rs. 187.20 on 25-Jan-2018 and a 52 week low of Rs. 60.35 on 27-Sep-2018.

Last one week high and low of the scrip stood at Rs. Ninety one.25 and Rs. Eighty two.70 respectively. The modern-day marketplace cap of the enterprise is Rs. A thousand.92 crore.

The promoters conserving inside the corporation stood at seventy four.36%, while Institutions and Non-Institutions held 14.Sixty four% and eleven.00% respectively.

GTPL Hathway (GTPL) is appointed as Project Implementation Agency (PIA) of Package B for implementation of BharatNet Phase – II Project in the nation of Gujarat by using Gujarat Fibre Grid Network (GFGNL). The Rs 1245.Seventy seven crore task is on EPC bases and includes Survey, Design, Plan, execution with active/passive (OSP + Electronics) components with commissioning of complete network. GTPL Hathway and Polycab Wires, India’s biggest twine and cable corporation, are the consortium partners and will mutually implement this prestigious venture.

Under the venture, GTPL will connect three,767 GPs (Gram Panchayat, Package B, Saurashtra place) via enforcing quit‐to‐stop Optic Fibre Cable and virtual infrastructure at Centralized community operations centre of Gandhinagar in Gujarat. The contract price consists of Capex and 3 Years O&M (Operation & Maintenance). The settlement also consists of further option of an extension of extra 4 Years of O&M mandate at additional price.

News Updates