In just 11 sessions, GMR Power and Urban Infra gained 68%; up 107% in a month – here's why

GMR Power and Urban Infra's shares surged 68% in just 11 trading sessions on the back of recent order wins for smart metering projects. In less than two weeks, the company received orders worth  <span class='webrupee'>₹</span>7,592 crore.

GMR Power shares hit 20% upper circuit on order worth  <span class='webrupee'>₹</span>5,123 crore

Shares of GMR Power and Urban Infra were locked in 20% upper circuit limit after the company's subsidiary received a Letter of Award for a smart metering project in Uttar Pradesh.

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In just 11 sessions, GMR Power and Urban Infra gained 68%; up 107% in a month – here's why

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GMR Power shares hit 20% upper circuit on order worth ₹5,123 crore