GMR Infrastructure is currently trading at Rs. 33.95, up by 1.10 points or 3.35 % from its previous closing of Rs. 32.85 on the BSE.
The scrip opened at Rs. 33.10 and has touched a high and low of Rs. 34.40 and Rs. 33.10 respectively. So far 1223205 shares were traded on the counter.
The BSE group 'A' stock of face value Re. 1 has touched a 52 week high of Rs. 38.30 on 10-Jun-2014 and a 52 week low of Rs. 10.65 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 36.05 and Rs. 30.85 respectively. The current market cap of the company is Rs. 13098.04 crore.
The promoters holding in the company stood at 71.70 % while Institutions and Non-Institutions held 18.88 % and 9.42 % respectively.
GMR Infrastructure has won the arbitration proceedings, which it had initiated against the Government of Maldives (GoM), after the earlier Government in Maldives unilaterally cancelled the $500 million contract given to GMR to upgrade and maintain the Male International Airport during late 2012. The Rt Hon Lord Hoffman’s Tribunal in Singapore maintained the concession agreement was valid and binding and was not void for any mistake of law or discharged by frustration.
The Maldives Government along with the Aiport company in Maldives are jointly and severally liable in damages to the company for loss caused by wrongful repudiation of the agreement as per the concession agreement. The company is pressing with damages worth as much as $1.4 billion for the same.
GMR Infrastructure is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 516.00 |
| GMR Airports Infra. | 83.35 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
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