Stocks like Godavari Biorefineries, Gujarat Themis Biosyn, AstraZeneca Pharma, GVK Power and Infrastructure, GMR Airports Infrastructure, and Tilaknagar Industries will also be in focus on November 19.
Its expenses declined to Rs 224.43 crore as against Rs 840.10 crore in the July-September quarter last year.
Total income rose to Rs 34.48 crore in the latest quarter from Rs 28.22 crore in the year-ago period.
The resolution to raise the funds, by a combination of various options listed on the agenda of the annual general meeting (AGM) held on Wednesday, has been passed by the requisite majority, the firm stated in a BSE filing on Friday.
GVK Power and Infrastructure's standalone net loss widened to Rs 205.85 crore in the fourth quarter ended March 31, 2017.
The shift to power projects may be a positive development, but it all depends on the quantum of gas that will be made available for the power sector. Unless and until the quantum of gas is enough to operate power projects at 70-80 percent capacity, it will not make much sense because the losses on account of heat rate would be substantial
In view of economic slowdown and delays in environment clearances, Road Transport and Highways Ministry, already under attack for failing to deliver projects in time, is unlikely to meet the target of awarding contracts for developing 9,500 km of roads by March end.
In an interview with CNBC-TV18, Rajen Shah of Angel Broking spoke about his reading of the market and his outlook.
GVK Power and Infrastructure surged more than 5 percent intraday on Wednesday after the foreign research firm JP Morgan has upgraded the stock to overweight with a target price of Rs 19.
Shortage of fuel supply to power plants coupled with high interest burden have impacted the profits of infrastructure companies during the July-September quarter of the current fiscal.
GVK Power and Infrastructure today said it has entered into an agreement with the airport authority of Indonesia to manage the non-aeronautical commercial operations at Bali International Airport.
GVK Power and Infrastructure has no plans as of yet to cut its share in the A$ 10 billion Alpha coal project in Australia's Queensland state, GVK Chairman GVK Reddy said on Wednesday.
India's GVK Power and Infrastructure won government approval for its new coal terminal in Australia's Queensland state, with 60 conditions to protect the environment, Australia's environment minister said on Tuesday.
GVK Power and Infrastructure fell nearly 9% intraday on Thursday as CNBC-TV18 reported that the government may encash bank guarantees in coal blocks given to the company.
GVK Power and Infrastructure rallied as much as 4% intraday on Thursday after the company has received federal government's environment clearance for its Alpha Mine and Rail Projects in Queensland, Australia.
GVK Power and Infrastructure won environmental approval for its A$10 billion Alpha coal and rail project in Australia's Queensland state on Thursday, with 19 conditions to protect the environment.
Isaac George of GVK Power says, the company will continue to operate at lower levels of PLF. I think it will be around 40-45% and not beyond that during the Q2 also, unless and until the government takes a decision to supply LNG or RLNG to take care of the deficit in the state.
GVK Power and Infrastructure has reported higher than expected consolidated net loss of Rs 64.3 crore in the quarter ended June 2012 as against profit of Rs 58.9 crore in a year ago period due to higher interest cost and tax expenses.
GVK Power and Infrastructure gained as much as 4% to intraday high of Rs 13.97 on Tuesday after Reuters‘ sources indicated that the company is looking to raise USD 500-600 million via its Singapore arm stake sale.
GVK Power and Infrastructure is in talks to raise $500 million to $600 million by selling a minority stake in its Singapore arm and is talking to Government of Singapore Investment Corp for a potential deal, two sources with direct knowledge of the matter told Reuters.
GVK Power and Infrastructure is expected to report a consolidated loss at Rs 11 crore for the fourth quarter of FY12 as against profit after tax of Rs 37 crore in a year ago period, according to CNBC-TV18 poll.
GVK Power and Infrastructure is expected to report a consolidated profit after tax (PAT) of Rs 46 crore in the second quarter of FY12, a growth of 8% as compared to Rs 43 crore in the corresponding quarter of last fiscal.
GVK Airport Holdings (GVKAHPL), a subsidiary of GVK Power and Infrastructure (GVKPIL), today said it has acquired a 13.55% stake in Mumbai International Airport (MIAL) for a consideration of USD 231 million from Bid Services Division (Mauritius).
GVK Power and Infrastructure today announced acquisition of an additional 14% stake in Bangalore International Airport Ltd (BIAL) from German firm Siemens Project Ventures, taking its total holding in the company to 43 (rpt) 43%.
GVK Power and Infrastructure would commence work on its 690 MW hydro-electric power project at Kishtwar in Jammu and Kashmir by December, 2011, a company official has said.