GMR Infrastructure is currently trading at Rs. 40.05, up by 0.25 points or 0.63% from its previous closing of Rs. 39.80 on the BSE.
The scrip opened at Rs. 39.95 and has touched a high and low of Rs. 40.40 and Rs. 39.85 respectively. So far 409864 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 46.10 on 13-Oct-2021 and a 52 week low of Rs. 22.50 on 26-Apr-2021.
Last one week high and low of the scrip stood at Rs. 43.35 and Rs. 39.60 respectively. The current market cap of the company is Rs. 24023.06 crore.
The promoters holding in the company stood at 60.50%, while Institutions and Non-Institutions held 29.18% and 10.32% respectively.
GMR Infrastructure’s subsidiary -- GMR Airports (GAL) has emerged as winning bidder for the development and operation of Kualanamu International Airport in Medan, Indonesia (Medan Airport). Medan is the 4th largest urban area in the country and is capital of North Sumatra province. GMR will enter into 49:51 partnership with Angkasa Pura 2 (AP2) for this project. The consortium will transform Kualanamu International Airport into Western International hub of Indonesia.
The airport handled more than 10 million passengers in 2018. The project scope includes operation, development and expansion of the airport over a period of 25 years. Kualanamu International Airport is an operating Airport with healthy cash flows. GMR Airports won the bid for this high growth potential brownfield Airport, through a closely contested international competitive bid process and will partner with Angkasa Pura 2 (AP2). The letter of award is expected to be issued in next few days, post bid formalities, while signing of project agreements before end of the year.
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.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 396.65 |
| GMR Airports | 78.16 |
| View more.. | |
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