GMR Infrastructure is currently trading at Rs 19.50, up by 0.85 points or 4.56% from its previous closing of Rs 18.65 on the BSE.
The scrip opened at Rs 18.75 and has touched a high and low of Rs 19.70 and Rs 18.55 respectively. So far 3176590 shares were traded on the counter.
The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 34.40 on 17-Feb-2012 and a 52 week low of Rs 16.75 on 29-Nov-2012.
Last one week high and low of the scrip stood at Rs 19.70 and Rs 16.75 respectively. The current market cap of the company is Rs 7531.86 crore.
The promoters holding in the company stood at 71.62% while Institutions and Non-Institutions held 18.87% and 9.52% respectively.
The Singapore High Court stayed the Maldives government's decision to terminate the $500 million contract awarded to GMR Male’ International Airport (GMIAL), a joint venture company comprising of GMR Infrastructure (77%) and Malaysia Airports Holding Berhad (MAHB) (23%), paving way for the operations to continue.
The Singapore High Court (HC) has passed an injunctive relief against the Maldivian Airport Company (MACL) and the government from taking any action based on the November 27 letter. The MACL, based on the directions of the new Maldivian government, had on November 27 cancelled the contract given to GMR in 2010 during the previous regime of President Mohamed Nasheed.
In 2010, GMIAL won the right to build and operate the Ibrahim Nasir International Airport (INIA) for 25 years, which is extendable by another 10 years. The GMR -MAHB consortium had emerged successful amongst the shortlisted six parties in the Male' Airport privatization global bid process managed by IFC, an arm of World Bank.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 419.70 |
| GMR Airports | 79.09 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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