SREI Infrastructure gains on plan to raise Rs 2,500 crore

SREI Infrastructure Finance is currently trading at Rs. 43.50, up by 0.05 points or 0.12% from its previous closing of Rs. 43.45 on the BSE. The scrip opened at Rs. 44.00 and has touched a high and low of Rs. 44.80 and Rs. 43.05 respectively. So far 277242 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 47.70 on 21-May-2014 and a 52 week low of Rs. 17.45 on 28-Aug-2013. Last one week high and low of the scrip stood at Rs. 47.70 and Rs. 37.10 respectively. The current market cap of the company is Rs. 2193.46 crore. The promoters holding in the company stood at 48.77% while Institutions and Non-Institutions held 12.10% and 39.12% respectively. SREI Infrastructure Finance is planning to raise Rs 2,500 crore via security issuance in FY15. The Kolkata-headquartered infrastructure finance company may also look at divesting some of its investments in the near future with the outlook becoming better. SREI Infrastructure Finance’s businesses include infrastructure equipment leasing and finance, infrastructure project finance, advisory and development, insurance broking, venture capital, capital market and Sahaj e-Village.