GVK Power Shares Jump 15% On Proposal To Hike Limit For Loans

Mumbai: Shares of GVK Power & Infrastructure on Friday soared nearly 15 per cent after the company sought shareholders' approval for increasing the maximum limit of loans and guarantees that can be given to other entities. The stock climbed 14.87 per cent to Rs 5.56 on BSE. On NSE, it soared 14.43 per cent to Rs 5.55. GVK Power & Infra has sought shareholders' approval for increasing the maximum limit of loans and guarantees that c...