Gayatri Projects is currently trading at Rs. 82.50, up by 5.95 points or 7.77% from its previous closing of Rs. 76.55 on the BSE.
The scrip opened at Rs. 80.00 and has touched a high and low of Rs. 84.00 and Rs. 75.00 respectively. So far 2,391 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 130.50 on 23-Oct-2012 and a 52 week low of Rs. 65.00 on 25-Mar-2013.
Last one week high and low of the scrip stood at Rs. 80.95 and Rs. 74.00 respectively. The current market cap of the company is Rs. 249.00 crore.
The promoters holding in the company stood at 50.32% while Institutions and Non-Institutions held 38.26% and 11.42% respectively.
Gayatri Projects - wholly owned subsidiary - Sai Maatarini Tollways has tied-up for the total debt required for the project and as a part of the sanction terms, the board has approved to issue Corporate Guarantee to the extent of Rs 1,397.35 crore in favor of Security Trustee, for the consortium lenders.
Gayatri Projects, an ISO 9001 - 2000 company, is one of the fastest growing construction companies in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.
