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Moneycontrol.com >> Message Board >> View Messages >> GMR Industries
   You are here :     Moneycontrol     MMB    Stocks      GMR Industries                         Most active discussions of 2006 , 2007 & 2008
Congrats short-sellers (1)   02-Jul-08 23:14Tracked by (0)  
Posted by:   mukut on ( 02-Jul-08 23:14 )
Price : BSE: Rs 88.80 ( 6.28 % ), NSE: Rs. 89.10 ( 6.20 % )
Well I understand atleast of Profit of Indian Bank is more than total revenue of GMR. I would like u to read the investors situation in aviation sector in early stages. Everybody was putting money into aviation because it will fly them high and their investment. GMR is venturing into other sectors like energy/petrochemical but why to pay premium when u can get something below premium. As of now GMR EPS is 0.30 and huge debt from. Will look consider GMR when it shows potential as it hyped. Venkat your investment should be based on your choice but as of for I would consider who is performing in presently and will see in future for GMR once they are with their competitive numbers. As ATF goes up air traffic will come down already number came down from 24 to 8%. Low cost airlines is in huge loss one they have to either increase airfare or shutdown their operations. Check status on airdeccan how they are bleeding with loss.
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