GMR Infrastructure Demerges Non-Airport Business, Becomes a Pure-Play Airports Company
GMR Infrastructure Ltd (GIL), the operators and developers of Delhi airport and Hyderabad airport, separated its non-airport businesses into GMR Power and Urban Infra Limited (GPUIL). With this new division, GIL became an independent entity and has started trading on stock exchanges from today as a pure-play airports company. The stock, which opened at Rs 43.50, hit a high of Rs 46.65 on the first day and closed at Rs... Read More