Ramky Infrastructure, an integrated construction and infrastructure development company in India, witnessed a rise in share price on Tuesday after it announced that the Joint Lenders Forum (JLF) of consortium banks in order to arrive at an early and feasible solution and preserve the economic value of the underlying assets as well as the lenders' loans has advised the company for restructuring under JLF as the Corrective Action Plan (CAP).
Shares of the company are trading at Rs 51.50, up Rs 1.3, or 2.59% at the Bombay Stock Exchange (BSE) on Tuesday at 11:39 a.m.
The scrip has touched an intra-day high of Rs 54.65 and low of Rs 50.70. The total volume of shares traded at the BSE is 16,059.