Trend

Stocking up

GMR Infra's promoter group company bought a significant amount of shares, thus raising its stake 3.11 crore shares

Even as investors and analysts remain skeptical about the GM Rao-owned GMR Infra, the promoters have been buying the shares from the open market. Over the past two months, promoter group company GMR Business Consultancy LLP bought a significant amount of shares, thus raising its stake from 0.0023%, or 1 lakh shares, to 0.684%, or 3.11 crore shares.