Infrastructure India PLC (LON:IIP) insider Rahul (Sonny) Lulla bought 500,000 shares of the company’s stock in a transaction dated Tuesday, July 31st. The stock was bought at an average cost of GBX 4 ($0.05) per share, with a total value of £20,000 ($26,277.76).
Infrastructure India opened at GBX 4 ($0.05) on Friday, Marketbeat reports. Infrastructure India PLC has a 12 month low of GBX 2 ($0.03) and a 12 month high of GBX 6.50 ($0.09).
Infrastructure India Company Profile
Infrastructure India plc is a closed-ended investment company. The Company’s investment objective is to provide shareholders with both capital growth and income by investing in assets in the Indian infrastructure sector, with particular focus on assets and projects related to energy and transport. The Company’s portfolio of investments include Distribution Logistics Infrastructure Private Limited, which is a supply chain transportation and container infrastructure company; Western MP Infrastructure & Toll Roads Private Limited, which is an operator of an approximately 125 kilometers toll road in western Madhya Pradesh; India Hydropower Development Company LLC, which develops, owns and operates small hydropower projects; Indian Energy Limited, which is a power producer focused on renewable energy, and Shree Maheshwar Hydel Power Corporation Limited, which is an approximately 400 megawatts hydropower project located on the Narmada River near Maheshwar, Madhya Pradesh.
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