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Gujarat NRE Coke leaps on loan sanction

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:47 PM IST

The stock finally ended with a gain of 3.7% at Rs 31.15. The counter clocked a volume of around 11.75 million shares.
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(Updated at 1439 hrs)

Gujarat NRE Coke has soared on successfully securing a $50 million long term loan from a consortium of banks in Singapore, London, Hong Kong and Antwerp.

The stock opened flat at Rs 30.50. However, it soon surged 6.5% to Rs 31.95. The stock is now up 4% at Rs 31.25. Around 9.46 million shares have changed hands at the BSE so far.

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