GMR Power and Urban Infra Ltd
Company Information
GMR Group is a popular group in India which was started in 1978 by Gandhi Mallikarjuna Rao in Delhi. It includes different companies such as GMR Infrastructure, GMR Energy, GMR Airport, and GMR Enterprises. On 11 January 2022, Energy and Infra were united to form GMR Power and Urban Infra Ltd. The company works in different segments like Energy, Transformation, UPS, DPCC Urban Infrastructure.
Current Status of GMR Power Share
The company’s market cap is 1,717.23 Crore, with free cash availability of 14.64 Crore. The promoter holding of the company is 59.83%. The company has debt of 4,528.61 Crore. The sales growth of the company is -10.15% and the profit growth is recorded at -481.06%.
Last 5 Years Return Information
In the last 6 months, the company has given 53% returns. In the last 1 year, it has registered -13% returns. In the last 3 years, it has given 14% returns and in the last 5 years, it has recorded -9% returns.
Government’s 5123 Crore Order
The company’s stock is currently trading at ₹28. Its 52-week high level is ₹34 and the 52-week low level is ₹14. The company has received an order of 5123 crores from the Uttar Pradesh government. The order is for making smart electric meters in Varanasi, Azamgarh, Mirzapur, and Prayagraj. The order is to make 57 lakh smart electric meters, and it is expected to be completed in 93 months.
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