GMR Infra jumps on buzz consortium offers to build new terminal

GMR Infrastructure rose 4.13% to Rs 17.65 at 11:49 IST on BSE on reports the company's joint venture with Megawide Construction made an offer to upgrade Mactan Cebu International Airport in Philippines. Meanwhile, the S&P BSE Sensex was down 127.62 points, or 0.41% to 31,134.44. On the BSE, 52.57 lakh shares were traded in the counter so far, compared with average daily volumes of 25.34 lakh shares in the past one quarter. The stock had hit a high of Rs 18.05 and a low of Rs 16.70 so far during the day. The stock hit a 52-week high of Rs 19 on 2 June 2017. The stock hit a 52-week low of Rs 10.25 on 9 November 2016. Financial Astrology Tips

The stock had underperformed the market over the past one month till 9 June 2017, rising 1.50% compared with 3.34% rise in the Sensex. The scrip had, underperformed the market in past one quarter, rising 6.60% as against Sensex's 8% rise. The scrip had also underperformed the market in past one year, rising 40.20% as against Sensex's 17.37% rise. The large-cap company has equity capital of Rs 603.59 crore. Face value per share is Re 1. According to reports, the joint venture between GMR Infrastructure and Philippines-based Megawide Construction, which runs the Mactan Cebu International Airport (MCIA), submitted a massive unsolicited offer to build a second runway and a third passenger terminal in Cebu. Astrology and Numerology Trading Tips