GMR Infrastructure announced that the achievement of commercial operation of the balance highway of 15 kms of Hungund - Hospet road project on National Highway 13.
This marks the commencement of collection of toll at Toll Plaza 3. The project has earlier achieved commercial operation of two Toll Plazas during November 2012 and has now completed the balance highway after land clearances.
The project is expected to generate additional revenue of about Rs 1 million per day.
Shares of the company gained Rs 1.9, or 6.71%, to trade at Rs 30.20. The total volume of shares traded was 1,559,397 at the BSE (11.00 a.m., Monday).