This Multibagger Penny Stock has been hitting upper circuit almost everyday since last one month. It has given more than 117% in just one month. The share price reached Rs 3.26 level from Rs 1.50 within a month. LIC India holds 3.33% stake in this company. The company name is GTL Infra. Check Price Target, Company Business model and price history below..
Multibagger Penny Stock Hitting Upper Circuit
GTL Infrastructure Ltd is one of the top gainers on NSE today. The shares of GTL Infra closed 5% higher at Rs 3.26 per share from its previous close of Rs 3.11. The stock also reached a new 52-week high of Rs 3.26 per share, while its 52-week low is Rs 0.70. The company has not announced any special news lately. SO, the rally in the stock price is unknown.
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About the Company
GTL Infrastructure Limited is a leading telecom tower infrastructure company in India. The company mainly provides telecom services such as tower infrastructure, energy management etc. With a vast network of over 28,000 telecom towers operating across 22 telecom circles in India, GTL Infra is known for its high network availability and uptime. They are also recognized for their commitment towards social contribution with initiatives in disability, education, health, community development and employee volunteerism.
LIC India Holds 3.33% Stake
Life Insurance Corporation of India (LIC) holds 3.33% stake in the company. The stock emerged as a Multibagger stock and delivered an impressive return of 307% in the last year. In the last one month it has offered more than 117%.
GTL Infra Share Price Target 2024
According to market experts, GTL Infra share target price is estimated to reach Rs 6.25 level by the end of this year.
The share is now continuously hitting 5% upper circuit. Investors should keep an eye on this telecom stock for the upcoming trading sessions.
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