GMR Infrastructure is currently trading at Rs. 20.10, up by 0.65 points or 3.34% from its previous closing of Rs. 19.45 on the BSE.

The scrip opened at Rs. 21.25 and has touched a high and low of Rs. 21.25 and Rs. 19.45 respectively. So far 2220712 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 21.50 on 03-Sep-2018 and a 52 week low of Rs. 13.45 on 05-Feb-2019.

Last one week high and low of the scrip stood at Rs. 21.25 and Rs. 16.95 respectively. The current market cap of the company is Rs. 11739.91 crore.

The promoters holding in the company stood at 63.11%, while Institutions and Non-Institutions held 26.50% and 10.09% respectively.

GMR Infrastructure will get a proposed investment by Tata Group, an affiliate of GIC, Singapore’s sovereign wealth fund ‘GIC’ and SSG Capital Management (SSG) in its Airports Business. The company has signed a binding term sheet with the Investors pursuant to which the Investors have agreed to invest Rs 8,000 crore in GMR Airports (GAL).

The investment amount of Rs 8,000 crore will consist of Rs 1,000 crore equity infusion in GAL; and Rs 7,000 crore towards purchase of GAL’s equity shares from GIL and its Subsidiaries.

GMR Infrastructure is engaged in generation of power, mining and exploration activities, development of highways, infrastructure development, such as development and maintenance of airports and special economic zone; construction business, including engineering, procurement and construction (EPC) contracting activities and operation of airports and special economic zones.

GMR Airports Share Price

79.15 -0.16 (-0.20%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Dreamfolks Services 396.55
GMR Airports 79.15
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