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GMR Infrastructure surges on getting nod to raise up to Rs 2,500 crore

28 Jan 2014 Evaluate

GMR Infrastructure is currently trading at Rs. 21.00, up by 0.45 points or 2.19 % from its previous closing of Rs. 20.55 on the BSE.

The scrip opened at Rs. 20.60 and has touched a high and low of Rs. 21.10 and Rs. 20.05 respectively. So far 329051 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 25.35 on 01-Jan-2014 and a 52 week low of Rs. 10.65 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 24.05 and Rs. 20.20 respectively. The current market cap of the company is Rs. 8057.34 crore.

The promoters holding in the company stood at 71.70 % while Institutions and Non-Institutions held 19.29 % and 9.02 % respectively.

GMR Infrastructure has received an approval for raising of funds through issue of Foreign Currency Convertible Bonds and / or other securities up to an amount of Rs 2,500 crore through follow on offer, further public offer and / or private placement etc. The board of directors at its meeting held on January 24, 2014 has approved for the same.

GMR Infrastructure is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. The company has 14 power generation assets of which 8 are operational and 6 are under various stages of development and 8 Road assets, of which 7 are operational and one is under construction.

GMR Airports Share Price

96.87 0.11 (0.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Dreamfolks Services 85.30
GMR Airports 96.87
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