Ramky Infra shares surge 20 pc; hit upper circuit

Shares of Ramky Infrastructure surged 20 per cent today, rising for the third straight session in an overall strong stock market.
The stock zoomed 19.97 per cent to settle at Rs 35.75, its highest trading permissible limit for the day on BSE.
At the NSE, it soared 19.90 per cent to end at Rs 35.55.
The stock has been on an upmove since three days, surging by a total of 24.5 per cent.
The company on June 12 executed restructuring documents with six lenders comprising SBI, State Bank of Hyderabad, PNB, IDBI Bank, ICICI Bank and Axis Bank, Ramky Infra had said in a filing to BSE on Monday.

The other three lenders of the Joint Lenders forum -- Yes Bank, Kotak Mahindra Bank and Standard Chartered Bank have not participated to the restructure agreement, it had said.
The company's filing was on restructure of debt facilities under the Joint Lender forum.
Meanwhile, the benchmark BSE Sensex rose by 146.15 points to settle at 26,832.66.