Stock Report

GTL Ltd updates on CDR package



Posted On : 2015-01-19 10:06:44( TIMEZONE : IST )

GTL Ltd updates on CDR package

While GTL Ltd and its Promoters have adhered to the most of the stipulations as per the Master Restructuring Agreement (MRA), developments in the telecom and power sector post CDR implementation and inter-creditor issues among the various sets of GTL lenders have impacted GTL's ability in meeting its commitments under CDR packages moving forward.

Shares of GTL LTD. was last trading in BSE at Rs.17.65 as compared to the previous close of Rs. 17.1. The total number of shares traded during the day was 515650 in over 4417 trades.

The stock hit an intraday high of Rs. 18.65 and intraday low of 15.75. The net turnover during the day was Rs. 8958128.

Source : Equity Bulls

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