GMR Ener may list in Jan'08

Thebullishtrends: GMR Infra shares are trading at Rs.245, according to market sources GMR Infra will take decission about the listing of GMR Energy within few days. GMR Energy's listing will be beneficial for GMR Infra's share holders. As they will get GMR Energy shares as per the norms. GMR Infra earlier issued shares to QIB s at Rs.238 with a face value of Rs.2/-per share. GMR Infra's prestigious Shamshabad Airport will start operations in mid Mar'08. It is a better pick between Rs.240-245 for medium term investments.

News Now