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The Infrastructure Division of Satyam Computers,Maytas Infrastructure Limited on Thursday got listed in the stock markets.The shares of the company were issued at Rs 370,but at the end of the day it surged over 66% to close at Rs 614.30.In the National Stock Exchange the stock surged over 70% to close at Rs 630. The company listed about 5.88 crore shares on the stock exchanges at an issue price of Rs 370 per share.It got subscribed 68 times.The company is planning to use the raised funds to develop Bangalore-Hosur Expressway,KVK Nilachal power project in Orissa, a coal washery reject-based SV power plants and 2.5 million MT per annum coal washery at Korba.
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Personal Computers and Tech News » Maytas Infrastructure Starts Trading:Up 66%
October 25th, 2007 at 11:58 pm
1[…] Share Markets Live Information Blog. Thoughts News Opinions On Share Market Of India. created an interesting post today on Maytas Infrastructure Starts Trading:Up 66%Here’s a short outline The Infrastructure Division of Satyam Computers,Maytas Infrastructure Limited on Thursday got listed in the stock markets.The shares of the company were issued at Rs 370,but at the end of the day […]
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