GMR Infrastructure is currently trading at Rs. 26.30, up by 0.85 points or 3.34% from its previous closing of Rs. 25.45 on the BSE.
The scrip opened at Rs. 25.55 and has touched a high and low of Rs. 26.35 and Rs. 25.55 respectively. So far 915642 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.55 on 24-Feb-2020 and a 52 week low of Rs. 14.05 on 19-Jun-2019.
Last one week high and low of the scrip stood at Rs. 26.55 and Rs. 22.50 respectively. The current market cap of the company is Rs. 15693.46 crore.
The promoters holding in the company stood at 63.60%, while Institutions and Non-Institutions held 26.12% and 10.28% respectively.
GMR Infrastructure (GIL) has entered into strategic partnership with Groupe ADP for its Airports Business. The company has signed a Share Purchase Agreement pursuant to which Groupe ADP will hold 49% stake in GMR Airports (GAL) for an equity consideration of Rs 10,780 crore, valuing GAL at the Base Post Money Valuation of Rs 22,000 crore.
The deal will unveil a first of its kind airport development and operations platform globally. Together, GMR and Groupe ADP will combine unmatched strengths in airport development and operations, offering the highest levels of passenger experience. This will also open up new opportunities for route development, enhanced expertise in operations, retail, IT, innovation, engineering and many more areas.
GMR Infrastructure is engaged in generation of power, mining and exploration activities, development of highways, infrastructure development, such as development and maintenance of airports and special economic zone; construction business, including engineering, procurement and construction (EPC) contracting activities and operation of airports and special economic zones.
Company Name | CMP |
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Dreamfolks Services | 552.20 |
GMR Airports Infra. | 90.79 |
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