GMR Infrastructure stock up after Q3 net loss of Rs 108 crore

GMR Infrastructure reported net loss of Rs 107.95 crore for quarter ended December 2011 against net loss of Rs 22.25 crore in the same period a year ago. Net sales for December 2011 quarter stood at Rs 1999.30 as compared to Rs 1358.78 crore in the corresponding quarter last fiscal.

The stock was at Rs 29.15, up 0.52 per cent on the NSE. It touched a high of Rs 29.60 and low of Rs 25.20 in trade so far.