GMR Infra’s Stock Price Rises by Nearly 10 Percent
Shital Jibhe / 02 Jun 2017
In its BSE filing on Friday, GMR Infrastructure Limited (GIL) announced that its gross debt has come down to Rs 19,856 crore from Rs 37,480 crore.
In its BSE filing on Friday, GMR Infrastructure Limited (GIL) announced that its gross debt has come down to Rs 19,856 crore from Rs 37,480 crore.
The company’s stock prices soared by nearly 10% in the morning trade on Friday, on the BSE.
Some other key points in FY17, as announced by GMR Infra are listed below-
1. Net debt to EBITDA for FY 17 improves to 4.3 from 10.2 in FY 16.
2. Airports sector’s stellar performance drives the group’s financials
3.
4. GMR Warora achieves
5. GMR Restructures Energy Platform with Induction of Tenaga as
6. GMR adds Goa airport to its airport portfolio.
7. GMR wins arbitration award for Maldives airport; received compensation.
8. Delhi and Hyderabad airport declare dividends for the first time
Trading at Rs 16.30, GMR Infrastructure was up by Rs. 1.35 or 9.03%, as of 1036 hours on Friday, on the BSE.
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