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GMR Infra

GMR Infrastructure –Buy- Anand Rathi

by free stock tips on April 27, 2010

in Broker tips

Our revised target price is lower by Rs20 vs. previously, as we have: left out four hydropower projects from SOTP [890MW, Rs5/sh impact]; reduced LT share of merchant power to more than 35% from over 40% [Rs5]; and factored more conservative HIAL valuation [Rs5]. We have also factored higher project costs as revealed in QIP [...]

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Medium Term Investment: GMR Infra

by free stock tips on August 30, 2009

in Medium Term

GMR Infrastructure is the holding company of the GMR Group. It is mainly engaged in the development of power and infrastructure projects. The company has been consistently making news rounds last many months, for a lot of positive reasons. This highlights a rather strong fundamental background. We now move on to give you a technical [...]

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