GVK Power zooms on signing agreement to cooperate with Adani Airport Holding

31 Aug 2020 Evaluate

GVK Power & Infrastructure is currently trading at Rs. 3.43, up by 0.16 points or 4.89% from its previous closing of Rs. 3.27 on the BSE.

The scrip opened at Rs. 3.11 and has touched a high and low of Rs. 3.43 and Rs. 3.11 respectively. So far 6723267 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 5.68 on 06-Nov-2019 and a 52 week low of Rs. 2.00 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 3.61 and Rs. 2.99 respectively. The current market cap of the company is Rs. 535.35 crore.

The promoters holding in the company stood at 54.25%, while Institutions and Non-Institutions held 1.58% and 43.76% respectively.

GVK Power & Infrastructure (GVKPIL) along with its subsidiaries -- GVK Airport Developers (GVKADL) and GVK Airport Holdings (GVKAHL) (collectively GVK), have signed an agreement to cooperate with Adani Airport Holdings (AAHL), the flagship holding company of Adani Group for its airports business (and a subsidiary of Adani Enterprises (AEL) (collectively Adani).

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.

GVK Power & Infra Share Price

9.79 0.46 (4.93%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
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Adani Power 533.70
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