GMR Infrastructure

huge news, but poor show?

Posted by : sidhaichandloda
Price when posted : BSE: Rs 68.05 ( -0.73 % ), NSE: Rs. 67.70 ( -1.10 % )

market behaviour typical...

Projects of Rs 100 bn

Posted by : rvk41
Price when posted : BSE: Rs 68.55 ( -1.15 % ), NSE: Rs. 68.45 ( -1.30 % )

GMR Infrastructure is eyeing financial closure of power projects costing about Rs100 billion in the next four months, and its unit GMR Energy may not go for an initial public offer before March 2010, its senior official said on Thursday.

“In next four months we are planning to achieve the financial closure for about 2,500 MW,” for three power projects costing about Rs100 billion, with a debt component of about Rs75 billion, group chief financial officer A. Subba Rao said.

The projects include a 1,200 MW project in Chhattisgarh, 600 MW in Maharashtra, and the remaining at existing plants, he said.

“We are evaluating whether we go for private equity or initial public offering,” for unit GMR Energy in the short term, but have long-term plans of going public, he said.

“Most probably it (IPO for GMR Energy) may not happen before March 2010,” he added.

Earlier in June, the firm had cancelled plans to raise funds through a qualified institutional placement.

GMR will raise Rs75 billion via an independent share sale in its business units of roads, energy, airports and international business after investors shunned a share offering in June, The Economic Times reported on Thursday.

The funds will be raised over a period of 2-3 years for funding growth in its businesses, Rao told Reuters

For information,with regards
rvk41...

souttttthern infra share ur needssssssssssssss

Posted by : HuSClodhachu
Price when posted : BSE: Rs 68.20 ( -1.66 % ), NSE: Rs. 68.10 ( -1.80 % )

awaaaaaaaaaaiting urrrrrrrrrrrrrrrrr sharrrrring...

r U breathing

Posted by : HuSClodhachu
Price when posted : BSE: Rs 68.35 ( -1.44 % ), NSE: Rs. 68.15 ( -1.73 % )

Your Message...

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 69.35 ( 2.14 % ), NSE: Rs. 69.35 ( 2.14 % )

hope it can cross 72 levels again soon...

BADLY NEED ADVICE

Posted by : sumitmangl
Price when posted : BSE: Rs 67.90 ( -0.59 % ), NSE: Rs. 67.90 ( -0.66 % )

Hi glhegde

This stock has been split 1:2 recently thats y it`s market price is reduced to 60 ... else at 150 level you can assume it at 130 levels

Just FYI...

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 67.90 ( -0.59 % ), NSE: Rs. 67.90 ( -0.66 % )

yes stockmaster wait for around 65 levels...

can we buy gmr at current level

Posted by : stockkmaster
Price when posted : BSE: Rs 67.90 ( -0.59 % ), NSE: Rs. 67.90 ( -0.66 % )

can we buy gmr at current level ?...

BADLY NEED ADVICE

Posted by : glhegde
Price when posted : BSE: Rs 67.75 ( -0.81 % ), NSE: Rs. 68.00 ( -0.51 % )

This stock seems to be reliable. Was around 250 some 18 months ago. During crash, reach around 30 . Then again went up to 140 and came down to 60. Now again in upward move. For shure will pass 80 in couple of months....

BADLY NEED ADVICE

Posted by : saketbj1
Price when posted : BSE: Rs 67.90 ( -0.59 % ), NSE: Rs. 68.00 ( -0.51 % )

See, if you are looking for 1 year period then L&T is a good bet at 1500 levels with a target of 2150+.

I am personally very bullish on this stock and I am considering to shift my investment in GMR if theres no movement to L&T.

At least the money is safe......

BADLY NEED ADVICE

Posted by : amits_moneyc
Price when posted : BSE: Rs 67.90 ( -0.59 % ), NSE: Rs. 68.10 ( -0.37 % )

I will advice to hold on for some 6 months if doesn`t rise then move to someone else. But can you advice any good share where I can invest....

BADLY NEED ADVICE

Posted by : saketbj1
Price when posted : BSE: Rs 68.85 ( 0.81 % ), NSE: Rs. 68.95 ( 0.88 % )

Hello, I am holding 1800 shares at Rs.80- per share . Kindly suggest how long would it take to reach this level. Is it better to switch over to a better blue chip of same peer group.

Any advice on the above will be greatful....

stock split

Posted by : rajsavi
Price when posted : BSE: Rs 68.30 ( -1.01 % ), NSE: Rs. 68.35 ( -0.87 % )

i hold 100 shares of GMR.i`m not sure what needs to be done after the stock split.will the no. of stocks i hold increase or decrease.how should i modify my portfolio?...

Target ?

Posted by : Guest
Price when posted : BSE: Rs 68.30 ( -1.01 % ), NSE: Rs. 68.35 ( -0.87 % )

Is this guy real? Let`s hope so. I too feel/think/expect this is a great company to invest in....

Target ?

Posted by : vinuraj
Price when posted : BSE: Rs 69.00 ( 2.15 % ), NSE: Rs. 68.95 ( 2.00 % )

1st target is 79 2nd 82 it has to cross 90 then it may go up to 140...