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Monday, October 3, 2016

SREI Infra Share Price Surged 8% Intraday


SREI InfraSREI Infra share price saw a surge of more than 8 per cent intraday today. The share price opened at Rs 69.90 and went up to make a daily high of Rs 74.70. The intraday low so far is Rs 68.60.
Earlier on 28th September, Wednesday, Srei Infrastructure Finance said it has raised Rs 350 crores in the first tranche of public issue of the non-convertible debentures. This public issue involved 25,00,000 secured redeemable non-convertible debentures with the face value of Rs 1,000 each aggregating up to Rs 2,500 crores (the base issue) with an option to retain oversubscription up to shelf limit of Rs 100 crores.
The tranche 1 issue, that opened for subscription on 7th September, 2016, has closed 28thSeptember 2016, it said in a regulatory filing. Company's public issue of NCDs offers a maximum coupon rate of up to 10 per cent per year. The tranche 1 was the part of the SREI Infra’s capital raise plan of Rs 1,000 crores.
SREI Infra share price is trading very close to its 52 week high of Rs 85.90 that it touched on 8th August 2016. The 52 week low touched by the share is Rs 39.10 on 9th November 2015. A total of 7,66,305 shares of the Company have exchanged hands on the counter of NSE by 13:30 hours in today’s trading session against a 20 days daily average volume of 8,55,817.
The share price made a 52 week high of Rs 161.89 on 2nd January 2008 and a lifetime high of Rs 2.22 14th June 2001. The Average Daily Movement or the ADM of the share is 3.24. The 1 Month Return of the Company is (-6.42) per cent. The Book Value of the Company is 72.05 and the Market cap is Rs 3446.14 crores. The Promoter holding pledged is 0.
Get the historical share price performance of SREI Infra at SREI Infra share price history.

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