Under Rs 150: This Power Infra Stock Hits Upper Circuit in the Morning Session; Stock Gains Over 380 per cent in Just 1 Year & Q1 FY25 Profits Surged by 120 Per cent!
The company’s shares have delivered a multibagger return of over 100 per cent in the past 6 months.
This Small-Cap Company a subsidiary of GEPL, holds expertise in energy, urban infrastructure, and transportation. It is part of the GMR Group, an Indian multinational conglomerate headquartered in New Delhi. The group was founded in 1978 by G.M. Rao and comprises several companies, including GMR Infrastructure, GMR Airports, and GMR Enterprises.
At the start of the day's trading session, shares of GMR Power and Urban Infra Ltd opened at Rs 108.40 per share, compared to the previous day's closing figure of Rs 105.22 per share on the BSE. Currently, the shares are at Rs 110.48 per share. The stock has rallied 5 per cent today and hit the upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 7897.51 crore, and the stock has generated an impressive multibagger return of over 380 per cent in the past 1 year.
As per the Quarterly Results, in Q1 FY25, GMR Power and Urban Infra Ltd recorded a revenue of Rs 1612 crore, representing a 43.38 per cent YoY growth from Rs 1124 crore. The operating profit for Q1 FY25 stood at Rs 513 crore. The net profit for Q1 FY25 was Rs 1362 crore compared to a loss of Rs 218 crore. Looking at the annual performance, the company generated a revenue of Rs 4489 crore in FY24, compared to Rs 5525 crore in FY23. The operating profit for FY24 was Rs 906 crore with a net loss of Rs 127 crore.
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According to the shareholding pattern of GMR Power and Urban Infra Ltd, promoters own a 50.52 per cent stake, while public investors hold 45.90 per cent. FIIs hold a 1.28 per cent stake and DIIs own a 2.29 per cent in Q1 FY25.
Investors must keep this small-cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.