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Government orders Rs 5,123 crore for Rs 28 share. Now the share is ready to become a rocket, gmr power share new big order news
Government orders Rs 5,123 crore for Rs 28 share. Now the share is ready to become a rocket, gmr power share new big order news
Gmrpower, ShareMarket, Stocks
Gmr power share, a company in the power generation and distribution sector of the share market, has received an order of 5123 crores from the government of Uttar Pradesh, so initially we will discuss the functioning of this company in the share market, its current status and returns, as well as The detailed information about the new orders that have been received is going to be taken through this article.
gmr power share company information
GMR Group is a popular group in India which was started in 1978 by Gandhi Mallikarjuna Rao in Delhi, actually it includes different companies which include GMR Infrastructure, GMR Energy, GMR Airport, GMR Enterprises, the company has Seeing the growing business, GMR Power and Urban Infra Ltd has been started on January 11, 2022 by uniting Energy and Infra, the main business of the company is Energy, Transformation, UPS, DPCC Urban Infrastructure gmr power share company work in different segments Does it.
current status of gmr power share
The market cap of the company is Rs 1,717.23 crore, then the availability of free cash with gmr power share company is Rs 14.64 crore, the promoter holding of the company is 59.83%, so the company has a debt of Rs 4,528.61, the sales growth of the company is -10.15% and profit. The growth is recorded at -481.06%.
Return information for last 5 years
If we take information about the returns of gmr power share company, the company has given 53% returns in the last 6 months, -13% returns in the last 1 year, 14% returns in the last 3 years and -9% returns in the last 5 years. Received and given, means except the last 6 months, the company has registered a decline in the last 5 years.
Government's 5123 crore order:-
The company's stock is currently trading at ₹ 28 and its 52 week high level is ₹ 34 and 52 week low level is ₹ 14. According to the information received from the company, the company has received an order of 5123 crores from the Uttar Pradesh government. Order Actually this order has been received to make smart electric meters, Varanasi, Azamgarh, Mirzapur and Prayagraj which order to make 57 lakh smart electric meters has been received in the area of Uttar Pradesh, which is to be completed in 93 months.
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Author:- Dr Vivek Garg