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GMR Power shines on planning to raise funds upto Rs 160 crore via NCDs

15 May 2024 Evaluate

GMR Power and Urban Infra is currently trading at Rs. 67.73, up by 1.33 points or 2.00% from its previous closing of Rs. 66.40 on the BSE.

The scrip opened at Rs. 68.80 and has touched a high and low of Rs. 68.80 and Rs. 66.17 respectively. So far 172496 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 74.10 on 06-May-2024 and a 52 week low of Rs. 16.50 on 24-May-2023.

Last one week high and low of the scrip stood at Rs. 68.80 and Rs. 58.60 respectively. The current market cap of the company is Rs. 4007.87 crore.

The promoters holding in the company stood at 59.83%, while Institutions and Non-Institutions held 7.64% and 32.54% respectively.

GMR Power and Urban Infra is planning to raise funds upto Rs 160 crore (approximate) by way of issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. The Board of Directors of the company in the meeting scheduled to be held on Friday, May 17, 2024 will consider and approve the same. 

GMR Power and Urban Infra, a subsidiary of GEPL holds expertise in the sectors of energy, urban infrastructure and transportation.


GMR Power and Urban Share Price

107.34 -2.65 (-2.41%)
20-Apr-2026 16:59 View Price Chart
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