SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gammon Infra advances on the buzz to divest 9 projects to BIF Holding

28 Aug 2015 Evaluate

Gammon Infrastructure Projects is currently trading at Rs. 11.93, up by 0.51 points or 4.47% from its previous closing of Rs. 11.42 on the BSE.

The scrip opened at Rs. 12.50 and has touched a high and low of Rs. 13.00 and Rs. 11.70 respectively. So far 12,15,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 20.85 on 20-Nov-2014 and a 52 week low of Rs. 9.05 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 13.00 and Rs. 9.10 respectively. The current market cap of the company is Rs. 1,123.00 crore.

The promoters holding in the company stood at 58.45%, while Institutions and Non-Institutions held 27.56% and 13.99% respectively.

Gammon Infrastructure Projects (GIPL), a subsidiary of Gammon India, has reportedly signed share purchase pact to divest 9 of its project companies to BIF Holdings.  The total cash inflows for GIPL on account of the divestment will be around Rs 563 crore subject to closing adjustments and additional cash inflows of up to Rs 100 crore can be realised by GIPL ahead crystallization of certain milestones in future.

Gammon Infrastructure Projects is an infrastructure project development company incorporated by Gammon India, to participate in the development of infrastructure projects on a public private partnership (PPP) basis.



AJR Infra and Toll Share Price

0.68 0.00 (0.00%)
03-Oct-2023 18:03 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4117.35
Rail Vikas Nigam 293.65
NCC 160.50
KEC International 569.25
Kalpataru Projects 1205.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×