Gmr Infra

ADP merger likely to give wings to GMR Airports Infrastructure stock

Current fair value of Rs 48-Rs 50 indicates room for upside

GMR Warora Energy signs pact with lenders to recast Rs 3,000 cr loans

Loans would be repaid progressively over 15 years, giving the company additional time of about seven years to extinguish the liability

GMR Infra to raise Rs 6,000 crore for cities around three airports

Group power company to raise Rs 3,000 cr separately

DVI Fund Mauritius dilutes 3.3% stake in GMR Infra for Rs 720 crore

DVI Fund Mauritius Ltd, a public shareholder of GMR Infrastructure, on Thursday divested 3.3 per cent stake in the airports handling company for Rs 720 crore through an open market transaction. The shares were picked up by C/D Investors Fund LP, A/D Investors Fund LP, DVG 1740 Fund LP, Veda Investors Fund LP, H/D Investors Fund LP, Deccan Value Investors BPI Fund LP and Deccan Value Investors Fund LP, block deal data with the BSE showed. According to the data, DVI Fund Mauritius sold a total of 19,84,17,768 shares, amounting to 3.28 per cent stake in the company. The shares were offloaded at an average price of Rs 36.3 apiece, taking the transaction size to Rs 720 crore. As on March 2022, DVI Fund Mauritius Ltd held 7.76 per cent stake in the company, shareholding data with the exchange showed. Shares of GMR Infrastructure closed 0.55 per cent higher at Rs 36.50 on BSE. In a separate block deal, Deccan Value Advisors Fund IV sold 5.1 crore shares worth Rs 112 crore of GMR Power a

GMR Infra starts trading on bourses as pure-play airport biz company

GMR Infrastructure Ltd (GIL) has started trading at the stock exchanges as a pure-play airport sector company from Tuesday onwards, according to a statement.

GMR Infra surges 12% on signing pact for Medan Airport in Indonesia

The stock was trading at its highest level since December 2010.

Stocks to Watch: Data Patterns, Tega, LTFH, GMR Infr, Allcargo, Ajanta Phar

Data Patterns is likely to witness a bumper listing, with Grey Market Premium (GMP) indicating a likely 45-50 per cent premium to its issue price.

Stocks to Watch: RIL, Paytm, Airtel, Maruti, GMR Infra, HFCL, airline stks

Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.

GMR Infra Q4 loss lowers to Rs 725 crore; gross revenue at Rs 2,321 Cr

Diversified conglomerate GMR Infrastucture has posted a consolidated loss of Rs 725 crore for the January to March quarter as compared to a loss of Rs 1,127 crore in the year-ago period

GMR Infrastructure gains 4% on stake sale in Kakinada SEZ

The company has signed definitive agreements for the sale of equity owned by its wholly owned subsidiary GMR SEZ and Port Holding of its entire 51 per cent stake in Kakinada SEZ to Aurobindo Realty

GMR to sell 51% stake in Kakinada SEZ to Aurobindo Realty at Rs 2,610 Crore

The stake sale is valued at Rs 2610 crore, of which Rs1,600 crores would be received on the closing date and balance Rs 1,010 crore would be received in the next two to three years

GMR Infra posts loss of Rs 834 cr in Q1, income dips to Rs 1,224 cr

Revenues from the Airports segment stood at Rs 494 crore in the first quarter against Rs 1460 crore in the April-June quarter of FY20

GMR Infra plans to divest non-core assets, bets big on land monetisation

As per the document, 4,650 acres area there has been notified as SEZs and utility and environment approvals are in place

Sensex slips 210 pts amid weak global cues; Voda Idea up 7% ahead of Q4 nos

All that happened in the markets today

GMR signs concession agreement for greenfield international airport in AP

The group would develop, maintain and operate the airport for 40 years, extendable by another 20 years via international competitive bidding

GMR Infra receives first tranche payment of Rs 5,248 crore from Groupe ADP

On February 21, it was announced that Groupe ADP would acquire 49 per cent stake in GMR Airports for Rs 10,780 crore

GMR Infra to sell 49% stake in airport business to Tata Group entity

The diversified group had earlier announced offloading 44.44 per cent shareholding in the airport business

GMR Infra's arm raises Rs 2,000 cr through NCDs to retire existing debts

"We wish to submit that GMR Infrastructure Ltd has not raised any funds from Tata-GIC," the company said.

Swiss firm Zurich Airport outbids Adani, DIAL to win Jewar airport project

Jewar airport at its full capacity is projected to cater to over 70 million passengers per annum with six runways and will be competitor to GMR- owned DIAL

GMR Infra, Reliance among 19 companies bidding to build Noida airport

The airport will handle 70 million passengers and 3 million tonnes cargo annually when fully developed.