Capital Infra Trust raises Rs1,115 Cr via QIP to acquire six HAM road assets from Gawar Construction
India, Oct. 23 -- India builds roads faster than most developers can finance them. Once a highway is finished and earning, its builder often wants to sell it and use the money for the next project. Infrastructure trusts, or InvITs, have become the natural buyer, offering investors steady payouts from real assets.
The Nifty 50 was at 22,492.40, down 0.85%. Meanwhile, Sensex also fell 0.57% to 72,828.18 on Friday. Meanwhile, Shares of Capital InfraTrust were trading at Rs. 77.24, up 0.26 percent from previous close of Rs. 77.04. The stock opened at Rs. 77.60 and reached an intraday high of Rs. 77.60 and low of Rs. 77.00. The company currently has a market capitalization of Rs. 3,841 crores.
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