Gammon India is currently trading at Rs. 12.55, up by 0.09 points or 0.72% from its previous closing of Rs. 12.46 on the BSE.
The scrip opened at Rs. 12.60 and has touched a high and low of Rs. 12.74 and Rs. 12.30 respectively. So far 45,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.90 on 16-Apr-2015 and a 52 week low of Rs. 10.35 on 30-Mar-2016.
Last one week high and low of the scrip stood at Rs. 12.90 and Rs. 10.35 respectively. The current market cap of the company is Rs. 449.74 crore.
The promoters holding in the company stood at 16.61% while Institutions and Non-Institutions held 58.77% and 24.63% respectively.
Gammon India has received an approval for further investment in its wholly owned subsidiary Gammon Power (GPL) by subscribing up to 2.25 crore equity shares of Rs 10 each at a price of Rs 300 per equity share (including a premium of Rs 290 per equity share) aggregating up to Rs 675 crore to be issued by GPL on conversion of loan due and outstanding from GPL to the company. The board of director at its meeting held on March 31, 2016 has approved for the same.
Gammon India provides engineering services and construction of services. It operates in plan, design and undertakes construction of roads, highways, bridges and other projects.
Company Name | CMP |
---|---|
Larsen & Toubro | 3630.60 |
Rail Vikas Nigam | 433.00 |
NCC | 287.25 |
KEC International | 1232.00 |
Kalpataru Projects | 1275.40 |
View more.. |