GVK Power & Infrastructure is currently trading at Rs. 9.85, up by 0.17 points or 1.76% from its previous closing of Rs. 9.68 on the BSE.
The scrip opened at Rs. 9.77 and has touched a high and low of Rs. 9.97 and Rs. 9.75 respectively. So far 4,36,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 20.85 on 26-May-2014 and a 52 week low of Rs. 7.75 on 25-Mar-2015.
Last one week high and low of the scrip stood at Rs. 9.97 and Rs. 9.12 respectively. The current market cap of the company is Rs. 1,550.00 crore.
The promoters holding in the company stood at 54.25% while Institutions and Non-Institutions held 13.80% and 31.95% respectively
GVK Power & Infrastructure’s - step down subsidiary - 330MW (4x82.50MW) Alaknanda Hydro Power Company, has successfully synchronized its first unit of 82.50 MW with the grid on April 10, 2015 and is generating at full load.
The synchronization of second and third units with the grid is expected during this month and the last unit (fourth) is likely to be commissioned by next month.
GVK Power & Infrastructure is engaged in infrastructure development in areas of power, airports and roads.