/ Gayatri Projects Zooms Over 4% Owing To Stock Split ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 2 February 2017

Gayatri Projects is having a flourishing day on the bourses, wherein the stock of the company has soared over 4%. The stock has reacted positively to the stock split approved by its board.

The board of the company has approved 5/1 stock split and has fixed the record date as February 13, 2017.In the last one year, the stock has given a return of 7.28%, and currently, the stock is trading with a P/E of 35.15.

Goldman Sachs is the only fund house which has invested in the stock of the company. Gayatri Projects Ltd is currently trading at Rs 680.15, up by Rs 24.4 or 3.72% from its previous closing of Rs 655.75 on the BSE.

The scrip opened at Rs 665 and has touched a high and low of Rs 741 and Rs 660.35 respectively. So far 18240(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2324.66 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 790 on 23-Sep-2016 and a 52 week low of Rs 482 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs 671.45 and Rs 623 respectively.

The promoters holding in the company stood at 47.48 % while Institutions and Non-Institutions held 40.62 % and 11.9 % respectively. The stock is currently trading above its 100 DMA. 

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