Gammon Infrastructure is currently trading at Rs. 14.55, up by 0.55 points or 3.93% from its previous closing of Rs. 14.00 on the BSE.
The scrip opened at Rs. 14.80 and has touched a high and low of Rs. 14.95 and Rs. 14.40 respectively. So far 44572 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 18.05 on 10-Feb-2012 and a 52 week low of Rs. 9.21 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 14.95 and Rs. 13.29 respectively. The current market cap of the company is Rs. 1068.37 crore.
The promoters holding in the company stood at 75.53% while Institutions and Non-Institutions held 12.45% and 12.03% respectively.
Gammon Infrastructure Projects has received an in-principle approval for amalgamating Pravara Renewable Energy, a 100% subsidiary of the company with itself. The subsidiary was incorporated for implementing a bagasse fired co-generation facility for generation of 30 MW power at Pravaranagar on build, own, operate and transfer at Pravaranagar, district Ahmednagar, Maharashtra. The board of directors of the company at its meeting held on November 8, 2012, approved the same.
Gammon Infrastructure Projects is an infrastructure project development company. The company is among the first companies in India to be modeled as an infrastructure developer holding company with investments spread across various sectors.
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|---|---|
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| KEC International | 565.60 |
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