The rally is being pushed by speculative curiosity and bullish technical indicators, alongside renewed optimism within the 5G infrastructure theme.
On Thursday alone, practically 66 crore GTL Infra shares modified arms on the NSE, highlighting elevated retail participation. The counter has drawn momentum-driven shopping for as broader markets flip beneficial for small-cap infrastructure names.
Merchants chase momentum
On Wednesday, June 11, GTL Infrastructure had already posted a robust achieve of 12.5% to Rs 1.71 as of 11:46 IST, rising as the largest gainer within the BSE’s ‘A’ group. Volumes surged to 390.79 lakh shares, in contrast with a one-month common of 87.54 lakh shares.
GTL Infra rose to the highest of the quantity leaderboard, pushed by merchants in search of short-term good points amid sturdy market momentum. Optimism surrounding telecom infrastructure, notably the 5G rollout, together with a broader rally in small-cap infrastructure shares, has fuelled curiosity within the counter.
Combined long-term returns, sturdy latest run
Regardless of latest enthusiasm, GTL Infrastructure’s longer-term efficiency stays subdued. Over the past one yr, shares are up simply practically 2%, whereas having declined 6.3% over the previous six months. Nonetheless, the short-term development has turned sharply constructive: the inventory has gained 34% within the final three months and soared 39.3% in simply the previous one week.
Technical charts counsel momentum
From a technical perspective, GTL Infra is exhibiting bullish momentum. The inventory is buying and selling above all eight of its key easy shifting averages — the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day SMAs — signalling energy throughout short-term and long-term tendencies.
Momentum indicators additionally level to sustained upside. The Relative Energy Index (RSI) stands at 79.8, properly above the overbought threshold of 70, suggesting {that a} short-term pullback could also be doubtless.
In the meantime, the Shifting Common Convergence Divergence (MACD) is at 0, staying above each the middle and sign strains, reinforcing the present bullish development.
Fundamentals stay weak
Financially, the corporate continues to wrestle. In Could, GTL Infrastructure reported a internet lack of Rs 248.89 crore for the March 2025 quarter, widening from Rs 214.72 crore a yr earlier. Income for the interval rose marginally by 1.79% year-on-year to Rs 337.02 crore, whereas EBITDA grew 12.58% to Rs 49.22 crore.
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(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t symbolize the views of the Financial Occasions)
