Gayatri Highways trades higher on the BSE
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Gayatri Highways is currently trading at Rs. 0.58, up by 0.01 points or 1.75% from its previous closing of Rs. 0.57 on the BSE.
The scrip opened at Rs. 0.57 and has touched a high and low of Rs. 0.58 and Rs. 0.57 respectively. So far 3550 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 0.90 on 14-Jan-2021 and a 52 week low of Rs. 0.25 on 30-May-2020.
Last one week high and low of the scrip stood at Rs. 0.59 and Rs. 0.53 respectively. The current market cap of the company is Rs. 13.66 crore.
The promoters holding in the company stood at 61.15%, while Institutions and Non-Institutions held 6.98% and 31.86% respectively.
Gayatri Highways has proposed to sell up to 36.99% of Equity Share Capital held by the Company in HKR Roadways to Kotak Special Situations Fund (represented by its investment manager, Kotak Investment Advisors) under OTS (Onetime Settlement) Scheme.
The company, Existing Shareholder of HKR Roadways has agreed for sale of their equity shareholding to Kotak Special Situations Fund 17,17,146 fully paid up equity shares of face value of Rs 10 each aggregating to RS 1,71,71,460.
Gayatri Highways is engaged in the business of Construction and Maintenance of Motorways, Streets, Roads, Other Vehicular And Pedestrian Ways, Highways, Bridges, Tunnels And Subways. The company's products and services range include Operation & Maintenance activities.
