2025-04-07 11:36:43 am | Source: Accord Fintech
GMR Airports trades higher on the BSE
News By Tags | #StockMarket #GMRGroup
GMR Airports trades higher on the BSE

GMR Airports is currently trading at Rs. 81.25, up by 0.48 points or 0.59% from its previous closing of Rs. 80.77 on the BSE.

The scrip opened at Rs. 72.76 and has touched a high and low of Rs. 81.30 and Rs. 72.76 respectively. So far 1078667 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 103.70 on 31-Jul-2024 and a 52 week low of Rs. 67.75 on 28-Feb-2025.

Last one week high and low of the scrip stood at Rs. 84.01 and Rs. 72.76 respectively. The current market cap of the company is Rs. 84778.02 crore.

The promoters holding in the company stood at 66.07%, while Institutions and Non-Institutions held 19.16% and 14.77% respectively.

GMR Airports had raised Rs 400 crore through the allotment of 40,000 5% coupon INR denominated, Listed, Unsecured, Rated, Redeemable Non-Convertible Bonds (NCBs) of face value of Rs 1 lakh each, on private placement basis having tenure of 36 months from the date of allotment i.e., April 03, 2025. 

The Coupon shall be payable annually until the date of redemption. The NCBs do not carry any special right/interest/privileges. The NCBs shall be redeemed on maturity at a redemption premium as per the terms of the NCBs. The NCBs will be listed on BSE. The Management Committee of the Board of Directors of the Company, in its meeting held on April 03, 2025, had allotted the same. 

GMR Airports (formerly GMR Airports Infrastructure), a subsidiary of GEPL, is engaged in development, operation and maintenance of airports along with offering integrated security solutions.

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