GMR Infrastructure is currently trading at Rs. 23.35, up by 0.35 points or 1.52 % from its previous closing of Rs. 23.00 on the BSE.
The scrip opened at Rs. 23.05 and has touched a high and low of Rs. 23.65 and Rs. 23.05 respectively. So far 285076 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 25.00 on 17-May-2013 and a 52 week low of Rs. 10.65 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 23.25 and Rs. 21.05 respectively. The current market cap of the company is Rs. 8952.60 crore.
The promoters holding in the company stood at 71.70 % while Institutions and Non-Institutions held 18.33 % and 9.97 % respectively.
GMR Infrastructure’s arm - GMR Energy has signed a Joint Development Agreement (JDA) with the International Finance Corporation (IFC), the private sector lending arm of the World Bank, to jointly develop the prestigious Upper Marsyangdi-2 hydropower project (600 MW) in Nepal. The 600 MW Upper Marsyangdi-2 Project is located on the Marsyangdi River, in the Manang and Lamjung districts of Nepal, which is in an advanced stage of development. The project is currently being undertaken by Himtal Hydro Power Company, a subsidiary of GMR Energy.
The Government of Nepal has identified the proposed Upper Marsyangdi-ll as one of the National Priority Projects and it is being facilitated by the Investment Board of Nepal (IBN). The project has completed all survey and investigation works, finalized the feasibility studies and has already received a majority of clearances from the Government of Nepal. The Project Development Agreement is expected to be signed early next year.
IFC in Nepal is committed to strengthening private sector growth, promoting a supportive regulatory framework, boosting investment, particularly in infrastructure and financial sector, and creating more jobs in the country.
The scrip opened at Rs. 23.05 and has touched a high and low of Rs. 23.65 and Rs. 23.05 respectively. So far 285076 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 25.00 on 17-May-2013 and a 52 week low of Rs. 10.65 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 23.25 and Rs. 21.05 respectively. The current market cap of the company is Rs. 8952.60 crore.
The promoters holding in the company stood at 71.70 % while Institutions and Non-Institutions held 18.33 % and 9.97 % respectively.
GMR Infrastructure’s arm - GMR Energy has signed a Joint Development Agreement (JDA) with the International Finance Corporation (IFC), the private sector lending arm of the World Bank, to jointly develop the prestigious Upper Marsyangdi-2 hydropower project (600 MW) in Nepal. The 600 MW Upper Marsyangdi-2 Project is located on the Marsyangdi River, in the Manang and Lamjung districts of Nepal, which is in an advanced stage of development. The project is currently being undertaken by Himtal Hydro Power Company, a subsidiary of GMR Energy.
The Government of Nepal has identified the proposed Upper Marsyangdi-ll as one of the National Priority Projects and it is being facilitated by the Investment Board of Nepal (IBN). The project has completed all survey and investigation works, finalized the feasibility studies and has already received a majority of clearances from the Government of Nepal. The Project Development Agreement is expected to be signed early next year.
IFC in Nepal is committed to strengthening private sector growth, promoting a supportive regulatory framework, boosting investment, particularly in infrastructure and financial sector, and creating more jobs in the country.
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