GAIL gains on emerging as maximum bidder for IL&FS wind power plants

GAIL gains on emerging as maximum bidder for IL&FS wind power plants

by admin- Wednesday, April 24th, 2019 05:07:47 PM

GAIL (India) is presently buying and selling at Rs. 342.45, up via 3.10 points or 0.Ninety one% from its preceding remaining of Rs. 339.35 at the BSE.

The scrip opened at Rs. 341.00 and has touched a high and low of Rs. 344.50 and Rs. 339.95 respectively. So a ways 42828 shares have been traded at the counter.

The BSE organization ‘A’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 398.Eighty on sixteen-Aug-2018 and a fifty two week low of Rs. 296.00 on 05-Oct-2018.

Last one week excessive and low of the scrip stood at Rs. 355.00 and Rs. 332.05 respectively. The cutting-edge market cap of the employer is Rs. 76999.Forty crore.

The promoters holding inside the business enterprise stood at fifty two.Sixty four%, at the same time as Institutions and Non-Institutions held 43.64% and three.Seventy two% respectively.

GAIL (India) has been emerged as the best bidder for Infrastructure Leasing & Financial Services’ (IL&FS) seven operating wind strength flora. The bidding procedure to those assets having 12 websites unfold throughout seven states became released in November remaining year.

The company’s offer of approximately Rs 4,800 crore for a hundred percentage agency cost contemplates no hair-reduce to the debt of the SPVs, aggregating to nearly Rs 3,700 crore. These wind strength property have a complete era ability of 874 MW.

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