KK Mohanty, managing director, Gammon Infrastructure says the company is not into corporate debt restructuring (CDR) and has more than 6 operational projects that are currently CASA positive.
KK Mohanty, managing director, Gammon Infrastructure says the company has pared the promoter share by 15 percent to 65 percent.
Speaking to CNBC-TV18, Mohanty says the company is not into corporate debt restructuring (CDR) and has more than 6 operational projects that are currently CASA positive.
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Furthermore, he adds that while the company's Nasik and Mumbai tollway has seen a dip in traffic, the company expects to log in a revenue of Rs 1000 cr.
Transcript to follow soon.
Gammon Infra stock price
On October 07, 2014, at 14:13 hrs Gammon Infrastructure Projects was quoting at Rs 14.88, down Rs 0.52, or 3.38 percent. The 52-week high of the share was Rs 16.60 and the 52-week low was Rs 6.50.
The latest book value of the company is Rs 7.14 per share. At current value, the price-to-book value of the company was 2.08.
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