Varalakshmi-Vasavi Power Projects Limited was incorporated on 1996 as a public limited company. In 1999 Received their commencement of business certificate and in 2004 adopted their popular name GMR Infrastructure Limited.
The GMR Group is an impeccable and supreme global infrastructure and agri-business giant. The long and short term objective of the Group is to provide infrastructure solutions to Airports, Energy, Highways and Urban Infrastructure and special economic zones development. After proving its credentials in domestic market GMR is aiming for global market. Qualified and hard working people are the cornerstone of the Group’s success. The company’s human resources and benefits programs are specifically designed to attract and retain the effective and committed work force. A dedicated division, the GMR, manned by committed professionals, oversees and manages all their projects across India. Apart from Infrastructure, the other focus area of the Group is the Agri-business with Sugar as its main product. In social awareness program the Group is actively engaged in Education, Health, Hygiene and Sanitation, Empowerment & Livelihoods under its Foundation wing. In 1997, GMR Group’s ISO 9001:2000 certified Sugar division started production with a cane crushing capacity of 5000 Tons, Co-generation capacity of 16 Megawatt and a Distillery division capacity of 45 KLPD. GMR Group uses the most effective technology to produce M-30 and S-30 superior quality sugar. The molasses produced from sugar is utilized as a feed stock in the distillery and the bagasse produced from cane are fueling boilers in plant this process not only make this venture cost effective but there is unique way to dispose residue. Retail counter are selling these branded sugar at an economical price.
Here a little insight for trading companies and share holder; according to asset analysis and market report GMR Group of companies have more than 30 subsidiaries, 16 major joint ventures and more than 40 Other Subsidiaries of the Holding Company. Moreover if you have already gone through the experience of buying and selling the stocks of GMR Infrastructure, then you are requested to mention your overall experience here to help people planning to invest in it.
Tags: GMR INFRASTRUCTURE, GMR INFRASTRUCTURE Report, Sell GMR INFRASTRUCTURE, Tips GMR INFRASTRUCTURE
Buy GMR Infra with a target of Rs 60 and stop loss of Rs 56, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 57, up 0.17% on the BSE.
Hold GMR Infra with a target of Rs 62-66 and stop loss of Rs 55, says Salil Sharma of Kapoor & Sharma Company, on Zee Business. The stock is currently trading at Rs 58, up 0.95% on the BSE.
Buy GMR Infrastructure at Rs 56.50 with target of Rs 60-62 and stop loss of Rs 55, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 57, up 3.7% on the BSE.
Hold GMR Infra with target of Rs 150 in 24 months, says Sharad Avasthi of SKP Securities on NDTV Profit. The stock is currently trading at Rs 55.15, up 0.6% on the BSE.
Short-term traders should exit GMR Infra on any rally, says Naresh Pachisia of SKP Securities on NDTV Profit. Medium-to-long term investors may hold, he adds. The stock is currently trading at Rs 55, up 0.54% on the BSE.
Buy GMR Infra at current levels or on dips with long-term view, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. The stock is currently trading at Rs 52.15, down 5.5% on the BSE.
Sell GMR Infra with target of Rs 61 and stop loss of Rs 68, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 66.50, up 0.5% on the BSE.
Buy GMR Infra with target of Rs 74-75 plus and stop loss of Rs 64-65, says Siddharth Bhamre of Angel Broking on CNBC TV18. The stock is currently trading at Rs 67.85, up 0.4% on the BSE.