GMR Infra sells entire 40% stake in Istanbul airport

Written By Unknown on Senin, 23 Desember 2013 | 21.03

Dec 23, 2013, 07.17 PM IST

After Maldives, GMR now flies out of Turkey. The company sells it entire 40 percent stake in the Istanbul airport to Malaysian airport for 225 million euros.

Tags  GMR, GMR Infra, Malaysian airport , Istanbul airport

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GMR Infra sells entire 40% stake in Istanbul airport

After Maldives, GMR now flies out of Turkey. The company sells it entire 40 percent stake in the Istanbul airport to Malaysian airport for 225 million euros.

Like this story, share it with millions of investors on M3

GMR Infra sells entire 40% stake in Istanbul airport

After Maldives, GMR now flies out of Turkey. The company sells it entire 40 percent stake in the Istanbul airport to Malaysian airport for 225 million euros.

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After Maldives,  GMR now flies out of Turkey. The company sells it entire 40 percent stake in the Istanbul airport to Malaysian airport for 225 million euros.
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GMR Infra stock price

On December 23, 2013, GMR Infrastructure closed at Rs 23.85, up Rs 0.85, or 3.70 percent. The 52-week high of the share was Rs 25.00 and the 52-week low was Rs 10.65.


The company's trailing 12-month (TTM) EPS was at Rs 0.12 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 198.75. The latest book value of the company is Rs 18.46 per share. At current value, the price-to-book value of the company is 1.29.


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