Lanco Infratech Shares Surge 30% in Two Days

Shares of Lanco Infratech surged over 10 per cent to Rs 4.15 at its day's high, extending its gains to nearly 30 per cent in two days. The company, which has interest in power and construction sector, on Monday said it may sell power projects having capacity of 3,000 MW from 2018 onwards and expects to get Rs 25,000 crore, which would help pare debt. Lanco had Rs 33,000 crore debt as on March 31. Lanco Infratech had earlier informe...