Gayatri Projects Ltd.

NSE: GAYAPROJ | BSE: 532767 | ISIN: INE336H01023 | Industry: Construction & Engineering
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6.2200 -0.33 (-5.04%)
NSE Apr 07, 2025 15:31 PM
Volume: 25,770
 

6.22
-5.04%
Ajcon Global
Rs. 568.45| Target: Rs. 1,300| Upside: 129%| Market Cap: Rs. 2,018 cr.| FV: Rs. 10 Divestment of road project Execution of share purchase agreement As a part of strategic initiatives of GPL, to divest the road projects, NCC Ltd. and Gayatri Projects Ltd. along with its subsidiary Gayatri Infra Ventures Ltd. (GIVL), have executed a share agreement on January 19, 2016 with Cube Highways and Infrastructure PTE Ltd. (Cube Highways and Infrastructure a unit of global infrastructure manager, I Squared Capital) to sell their entire shareholding in Western UP Tollway Limited (WUPTL). WUPTL is a four lane highway project connecting the Meerut Muzaffarnagar section (from km 52.25...
Promoters pledged 31.77% of shares in last quarter. Total pledge stands at 72.40% of promoter holdings
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