GMR Infrastructure is currently trading at Rs. 21.90, up by 0.10 points or 0.46% from its previous closing of Rs. 21.80 on the BSE.
The scrip opened at Rs. 22.00 and has touched a high and low of Rs. 22.30 and Rs. 21.80 respectively. So far 139294 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 27.00 on 04-Oct-2012 and a 52 week low of Rs. 16.75 on 29-Nov-2012.
Last one week high and low of the scrip stood at Rs. 22.40 and Rs. 20.40 respectively. The current market cap of the company is Rs. 8504.97 crore.
The promoters holding in the company stood at 71.64% while Institutions and Non-Institutions held 18.83% and 9.53% respectively.
In a bid to trim down its debt burden, GMR Infrastructure is reportedly in talks with potential investors to raise Rs 1,800 crore by selling stake in four of its toll road assets. The infrastructure company, which builds airports, power projects and roads, had invested about Rs 900 crore in the four assets. It has nine road assets, out of which eight are operational.
The company is in talks with investors such as Morgan Stanley Infrastructure Fund, Citigroup Venture Capital, SBI Macquarie and ICICI Venture. The Bangalore-based Group has recently sold 70% stake in Jadcherla Expressways for Rs 206 crore, translating into a 40% increase in its investment.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 83.03 |
| GMR Airports | 97.36 |
| View more.. | |
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