GMR Infra rallies 10% on group rejig plan
Shares of GMR Infrastructure NSE 0.19 % advanced as much as 9.92 per cent in Friday’s early trade after the company on Thursday unveiled a strategic group restructuring plan involving demerger of non-airport vertical business as part of efforts to simplify the corporate holding structure.
The scrip traded 9.92 per cent higher at Rs 28.25, while the benchmark BSE Sensex was up 199 points, or 0.51 per cent, higher at 39,338.
