GVK Power & Infrastructure is currently trading at Rs. 7.90, up by 0.14 points or 1.80% from its previous closing of Rs. 7.76 on the BSE.
The scrip opened at Rs. 8.01 and has touched a high and low of Rs. 8.02 and Rs. 7.85 respectively. So far 40918 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 27.85 on 16-Jan-2018 and a 52 week low of Rs. 6.70 on 23-Oct-2018.
Last one week high and low of the scrip stood at Rs. 8.63 and Rs. 7.70 respectively. The current market cap of the company is Rs. 1255.47 crore.
The promoters holding in the company stood at 54.25%, while Institutions and Non-Institutions held 5.66% and 40.09% respectively.
GVK Power & Infrastructure (GVKPIL) has received approval from its shareholders to raise funds upto Rs 8,000 crore by disposal, sale, lease, hypothecation, mortgage, charge or otherwise of all or any of the immovable and movable properties of the company.
The shareholders of the company at its annual general meeting (AGM) held on November 14, 2018 has approved the same.
GVKPIL is an infrastructure development company. It engages in infrastructure and urban infrastructure projects. The company provides operation and maintenance services, manpower and consultancy services, and incidental services to owners of power plants, airports and infrastructure companies.
