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As On 04-Jul-2022 EOD, Market Closed
SENSEX
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  • GMR Power and Urban Infra hits the roof on acquiring GMR Green Energy

    GMR Power and Urban Infra hit an upper circuit limit of 5% at Rs 21.15 after the company announced that it has acquired 100% stake in GMR Green Energy (GGEPL) from GMR Solar Energy, a fellow subsidiary of the company.

    The company has acquired entire 50,000 equity shares of GGEPL at face value of Rs 10 each for an aggregate cash consideration of Rs 5 lakh on 21 June 2022, making it a wholly owned subsidiary of the company.

    The acquisition did not require any government or regulatory approval, said the company.

    GGEPL was incorporated during the year 2022 with the objective to pursue opportunities in the green energy business and is yet to commence commercial operations.

    GMR Power and Urban Infra a subsidiary of GMR Enterprises (GEPL) holds expertise in the sectors of Energy, Urban Infrastructure and Transportation. Urbanization has given the country rapid growth and contributing towards this growth, GMR Group ventured into this business sector.

    On consolidated basis, the company reported a net loss of Rs 214.05 crore as against a net loss of Rs 903.85 in Q4 FY22 over Q4 FY21. Net sales jumped 56.3% to Rs 1,151.98 crore during the quarter.

    Back to news list
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Flash News 04-Jul-2022
  •  ( 15:45) Tata Power signs pact for solar manufacturing plant in TN  
  •  ( 14:53) Mahindra Finance disbursement soars 115% YoY in June'22  
  •  ( 14:50) Va Tech Wabag wins order from Reliance Industries  
  •  ( 14:31) Private bank stocks advance  
  •  ( 14:31) Shares trade near the day's high  
  •  ( 13:43) Dilip Buildcon emerges as lowest bidder for Rs 702 cr project  
  •  ( 13:35) Sensex adds 100 pts; european stocks edged higher  
  •  ( 13:32) Ashoka Buildcon JV emerges as the lowest bidder for Rs 611-cr project  
  •  ( 12:41) Renaissance Global D2C biz Q1 FY23 revenue up 63% YoY  
  •  ( 12:35) Nifty hovers above 15,750 level, FMCG shares in demand  
  •  ( 12:10) DCB Bank increases MCLR rates  
  •  ( 11:33) Bank stocks in demand  
  •  ( 11:33) Sensex, Nifty trade sideways  
  •  ( 11:3) Brigade Enterprises unit acquires stake in Tandem Allied Services  
  •  ( 11:05) Adani Ports handles total cargo volume of 31.88 MMT in June 2022  
  •  ( 10:58) HDFC Bank Q1 advances jumps 22% YoY  
  •  ( 10:48) IDFC First Bank total deposits grow 21% YoY in Q1  
  •  ( 10:35) Metal stocks decline  
  •  ( 10:35) Nifty slides below 15,700  
  •  ( 10:19) CSB Bank total deposits jump 9% YoY in Q1 FY23  
  •  ( 1) Federal Bank rises as Q1 retail deposits grow 10% YoY  
  •  ( 09:45) National Fertilizers reports strong fertilizer sales in Q1 FY23  
  •  ( 09:43) Angel One client base soars 97% YoY in June  
  •  ( 09:30) Strong market breadth  
  •  ( 09:30) Benchmarks trade with minor gains  
  •  ( 08:38) Asian stocks trading mixed  
  •  ( 08:36) Paisalo Digital board to mull NCDs issue on 6 July  
Show News
04 July 2022 00:00
2790.75
(0.64 %)
654.45
(1.44 %)
5629.85
(0.27 %)
11381.75
(0.49 %)
681.90
(1.26 %)
4365.70
(-0.43 %)
2215.50
(0.22 %)
984.55
(0.84 %)
1355.40
(0.13 %)
2374.80
(4.03 %)
719.85
(2.25 %)
832.10
(3.05 %)
1487.75
(0.66 %)
291.80
(2.62 %)
1671.15
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1582.25
(0.81 %)
1091.10
(-1.56 %)
8440.25
(0.52 %)
17973.40
(1.04 %)
141.40
(0.60 %)
210.65
(2.01 %)
2413.95
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473.45
(1.40 %)
828.70
(0.24 %)
854.55
(-2.15 %)
3234.65
(-2.46 %)
1000.35
(-1.01 %)
1962.35
(0.84 %)
5704.75
(0.20 %)
420.45
(-0.32 %)
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