Gammon buys 84.16% Metropolitan Infra housing stake

29 Nov 2010 Evaluate

Engineering and construction firm Gammon India has successfully acquired an 84.16 per cent stake in Metropolitan Infrahousing. Consequently, Metropolitan Infrahousing is now a subsidiary of Gammon India. The price is not disclosed at which it acquired the Metropolitan Infrahousing shares. Recently, the company received an Rs 310 crore order for supply of steam turbines and boilers for the Nagai power plant. crackcrack

Peers
Company Name CMP
Larsen & Toubro 3630.60
Rail Vikas Nigam 433.00
NCC 287.25
KEC International 1232.00
Kalpataru Projects 1275.40
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