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    HomeNewsBusinessCompaniesAxis Bank sends legal notice to Maldives govt; GMR Infra up

    Axis Bank sends legal notice to Maldives govt; GMR Infra up

    Axis Bank has sent legal notice to Maldives government to recover USD 350 million loan given to GMR Infrastructure for building Male airport, reports The Economic Times. At 09:23 hrs GMR Infrastructure was quoting at Rs 18.85, up Rs 0.20, or 1.07%.

    December 03, 2012 / 14:01 IST
       
       
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      Axis Bank has sent legal notice to Maldives government to recover USD 350 million loan given to GMR Infrastructure for building Male airport, reports The Economic Times.
       
      At 09:23 hrs GMR Infrastructure was quoting at Rs 18.85, up Rs 0.20, or 1.07%. It has touched an intraday high of Rs 19.15 and an intraday low of Rs 18.60.
       
      It was trading with volumes of 236,717 shares. In the previous trading session, the share closed up 4.48% or Rs 0.80 at Rs 18.65.

      Also Read:
      GMR airport glitch: Govt reviews overall ties with Maldives
      GMR Infra chairman raises stake, buys shares of Rs 1.61cr


      The company's trailing 12-month (TTM) EPS was at Rs 0.15 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 126.00. The latest book value of the company is Rs 18.57 per share. At current value, the price-to-book value of the company was 1.02.


      The share touched its 52-week high Rs 34.40 and 52-week low Rs 16.75 on 17 February, 2012 and 29 November, 2012, respectively.
       
      Currently, it is trading 45.2% below its 52-week high and 12.54% above its 52-week low.
       
      Market capitalisation stands at Rs 7,337.24 crore.

      first published: Dec 3, 2012 09:26 am

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