Is GTL a good buy?
Is GTL a good buy?
GTL Infrastructure Limited (NSE: GTLINFRA) As on 29th Dec 2021 GTLINFRA Share Price closed @ 1.95 and we RECOMMEND Buy for LONG-TERM with Stoploss of 1.41 & Buy for SHORT-TERM with Stoploss of 1.83 we also expect STOCK to react on Following IMPORTANT LEVELS.
Why did GTL share price fall?
While GTL shares fell a whopping 63% to close at Rs 127, the lowest in 54 months, GTL Infra fell 48.5% to an all-time low of Rs 15.25. Debt servicing costs and rising fuel prices (diesel to run its telecom towers is its main expense) have knocked the stuffing out GTL Infra’s prospects.
Why is GTL Infra stock rising?
Shares of debt-ridden telecom infrastructure firm GTL Ltd today surged by 8.52 per cent on the BSE on reports that lenders have approved the debt restructuring proposal of the company. Defying the weakness in the broader market, GTL closed 8.52 per cent higher at Rs 68.75 apiece on the BSE.
Is Reliance buying GTL Infra?
GTL Infrastructure shares rally 5 per cent on tower deal with Reliance Jio Infocomm. RJIL yesterday signed a master services agreement for tower sharing with GTL Infrastructure which has a base of 27,800 towers across the country.
What is the full form of GTL?
GTLLimited.com. GTL Limited, BSE: 500160 (previously Global Telesystems Limited) a Global Group Enterprise, is a Network Services company based in Navi Mumbai. Its India’s largest network services provider to the world.
Who bought GTL Infra?
Aircel in move to buy GTL Infrastructure’s $2.5 billion tower company.
Is GTL debt free?
Tower firm to merge with infra sharing company Chennai Network in 1:1 share ratio. In the biggest turnaround in the telecom space, tower company GTL Infrastructure Ltd (GTL Infra) will emerge debt free in the next 3-4 years, while it has completed a Strategic Debt Restructuring (SDR) exercise.
Who will buy GTL Infrastructure?
Aircel in move to buy GTL Infrastructure’s . 5 billion tower company.
What is GTL telecom?
GTL is a leading Infrastructure Services company focused on telecom. In the telecom segment the company provides Network Services to Telecom Operators, OEM’s and Tower Companies. Corporate Social Responsibility at GTL has been institutionalized as a way of life for many GTLites.
How many towers GTL have?
Headquartered in Navi Mumbai, Maharashtra, India, GTL Infra has about 28,000 towers located across 22 telecom circles in India, which enables telecom service providers to offer 2G, 3G and 4G services across the country….GTL Infrastructure.
| Type | public company |
|---|---|
| Website | GTL Infrastructure Limited |
What is the business of GTL Infra?
GTL Infra is registered with the Department of Telecommunications as an Infrastructure Provider in Category I (IP-I). The Company builds, owns, operates and maintains passive network infrastructure on a shared basis in order to cater to the rapidly growing infrastructure needs of cellular telecom operators.
Is Reliance going to buying GTL Infra?
