GVK Power & Infrastructure, witnessed a gained in share price on Tuesday after reports that the company is likely to file a draft prospectus for an up to USD 250 million (approx Rs 15.65 billion) initial public offer (IPO) of its airport unit soon.

Shares of the company are trading at Rs 9.43, up Rs 1.26, or 15.42% at the Bombay Stock Exchange (BSE) on Tuesday at 10:18 a.m.

The scrip has touched an intra-day high of Rs 9.80 and low of Rs 8.55. The total volume of shares traded at the BSE is 2,879,649.