GVK Power & Infrastructure

BSE Announcements on GVK Power

Posted by : MMB Messenger
Price when posted : [GVK Power - BSE:Rs. 16.55 NSE:Rs. 16.45 when posted]

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With reference to the earlier announcement dated October 07, 2008 regarding the Company has divested its entire equity holding in GVK Aviation Pvt. Ltd, a wholly owned subsidiary of the Company, which is engaged in the business of aviation, owning and chartering of private aircrafts and helicopters, GVK Power & Infrastructure Ltd has now informed BSE that the Company understand that the above disclosure is being wrongly perceived as divestment of equity by GVK in Mumbai International Airport Pvt. Ltd, a SPV formed for operating, managing and developing the Chhatrapati Shivaji International Airport, Mumbai.

In this regard, the Company clarify and confirm that GVK continues to hold 37% equity in Mumbai International Airport Pvt. Ltd....

GVK

Posted by : zoombusiness
Price when posted : BSE: Rs 17.15 ( 1.78 % ), NSE: Rs. 17.20 ( 2.08 % )

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GVK Power Infra is the only gainer at the moment in A group on BSE with 2.27 %...

GVK, Buy around 11-12 Rs. range

Posted by : avrochan
Price when posted : BSE: Rs 16.85 ( -15.33 % ), NSE: Rs. 16.85 ( -14.90 % )

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GVK Power & Infrastructure tumbles

GVK Power & Infrastructure dropped 12.06% to Rs 17.50 at 14:52 IST on BSE, after the company said on Tuesday, 7 October 2008, it has divested the entire equity holding in its wholly owned subsidiary GVK Aviation.
...

NSE Announcements on GVK Power

Posted by : rajup1978
Price when posted : BSE: Rs 16.85 ( -15.33 % ), NSE: Rs. 16.85 ( -14.90 % )

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This clarification is also not very clear from GVK. GVK continues to hold 37% in CSIA means GVK PIL or just GVK promoters?...

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NSE Announcements on GVK Power

Posted by : MMB Messenger

Gvk Power & Infrastructure Limited had informed the Exchange that the Company has divested its entire equity holding in GVK Aviation Private Limited, a wholly owned subsidiary of the Company, which is engaged in the business of aviation, owning and chartering of private aircrafts and helicopters. The Company has now informed the Exchange that: "We understand that the above disclosure is being wrongly perceived as divestment of equity by GVK in Mumbai International Airport Private Limited, a SPV formed for operating, managing and developing the Chhatrapati Shivaji International Airport, Mumbai. In this regard, we wish to clarify and confirm that GVK continues to hold 37% equity in Mumbai International Airport Private Limited. This clarification is being issued in the interest of all the stakeholders of the Company".

NSE Announcements on GVK Power

Posted by : MMB Messenger
Price when posted : [GVK Power - BSE:Rs. 16.85 NSE:Rs. 16.85 when posted]

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Gvk Power & Infrastructure Limited had informed the Exchange that the Company has divested its entire equity holding in GVK Aviation Private Limited, a wholly owned subsidiary of the Company, which is engaged in the business of aviation, owning and chartering of private aircrafts and helicopters. The Company has now informed the Exchange that: "We understand that the above disclosure is being wrongly perceived as divestment of equity by GVK in Mumbai International Airport Private Limited, a SPV formed for operating, managing and developing the Chhatrapati Shivaji International Airport, Mumbai. In this regard, we wish to clarify and confirm that GVK continues to hold 37% equity in Mumbai International Airport Private Limited. This clarification is being issued in the interest of all the stakeholders of the Company"....

BSE Announcements on GVK Power

Posted by : j2eeprofessiona
Price when posted : BSE: Rs 16.85 ( -15.33 % ), NSE: Rs. 16.80 ( -15.15 % )

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what does it mean to the share holders of GVK Power? is it good news? why the stock price is being beaten down so badly?...

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BSE Announcements on GVK Power

Posted by : MMB Messenger

GVK Power & Infrastructure Ltd (GVKPIL) has informed BSE that the Company has divested the entire equity holding in its wholly owned subsidiary i.e. GVK Aviation Pvt. Ltd. Hence, effective September 30, 2008 the said Company is no longer a wholly owned subsidiary of GVKPIL.

Buy it at Rs.14 or below

Posted by : sc007
Price when posted : BSE: Rs 17.15 ( -13.82 % ), NSE: Rs. 16.95 ( -14.39 % )

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I have 500@54...where does the stock move from here??? It had a free fall in the last few weeks......

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Buy it at Rs.14 or below

Posted by : avrochan

Stock can fall to 13-14, wait for that time to enter.

BSE Announcements on GVK Power

Posted by : MMB Messenger
Price when posted : [GVK Power - BSE:Rs. 17.70 NSE:Rs. 17.65 when posted]

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GVK Power & Infrastructure Ltd (GVKPIL) has informed BSE that the Company has divested the entire equity holding in its wholly owned subsidiary i.e. GVK Aviation Pvt. Ltd. Hence, effective September 30, 2008 the said Company is no longer a wholly owned subsidiary of GVKPIL....

Buy it at Rs.14 or below

Posted by : avrochan
Price when posted : BSE: Rs 17.90 ( -10.05 % ), NSE: Rs. 17.90 ( -9.60 % )

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Stock can fall to 13-14, wait for that time to enter....

NSE Announcements on GVK Power

Posted by : vkk43
Price when posted : BSE: Rs 17.95 ( -9.80 % ), NSE: Rs. 17.75 ( -10.35 % )

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Thanks for your views....

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NSE Announcements on GVK Power

Posted by : Guest

This is a good buy at 12-15. Wait for some time.

NSE Announcements on GVK Power

Posted by : jdfinan
Price when posted : BSE: Rs 18.45 ( -7.29 % ), NSE: Rs. 18.20 ( -8.08 % )

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What does it mean and how it would impact the financials of GVKPIL? I am holding 500@40, should I buy more at current rate or wait and watch?

Regards
JD...

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NSE Announcements on GVK Power

Posted by : MMB Messenger

Gvk Power & Infrastructure Limited has informed the Exchange that the Company has divested the entire equity holding in its wholly owned subsidiary i.e. GVK Aviation Private Limited. Hence, effective September 30, 2008 the said company is no longer a wholly owned subsidiary of GVKPIL.

NSE Announcements on GVK Power

Posted by : Guest
Price when posted : BSE: Rs 19.90 ( -15.14 % ), NSE: Rs. 19.80 ( -15.20 % )

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This is a good buy at 12-15. Wait for some time....

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NSE Announcements on GVK Power

Posted by : vkk43

Because of this divestment, its liquidity will improve with the sale proceeds of shares.

NSE Announcements on GVK Power

Posted by : vkk43
Price when posted : BSE: Rs 19.90 ( -15.14 % ), NSE: Rs. 19.80 ( -15.20 % )

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Because of this divestment, its liquidity will improve with the sale proceeds of shares....

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NSE Announcements on GVK Power

Posted by : nkv

what it means? is it good for position holders or not? kindly tell me to day I bought @21 and earlier my price is 35. shall i hold or sell?

NSE Announcements on GVK Power

Posted by : nkv
Price when posted : BSE: Rs 19.90 ( -15.14 % ), NSE: Rs. 19.80 ( -15.20 % )

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what it means? is it good for position holders or not? kindly tell me to day I bought @21 and earlier my price is 35. shall i hold or sell?...

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NSE Announcements on GVK Power

Posted by : MMB Messenger

Gvk Power & Infrastructure Limited has informed the Exchange that the Company has divested the entire equity holding in its wholly owned subsidiary i.e. GVK Aviation Private Limited. Hence, effective September 30, 2008 the said company is no longer a wholly owned subsidiary of GVKPIL.

average

Posted by : emailtojohnpaul
Price when posted : BSE: Rs 19.90 ( -15.14 % ), NSE: Rs. 19.80 ( -15.20 % )

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market is crashing. stocks` values are diluting including gvkpil. when compare with others gvkpil is low price share hence it can accumulate in large quantity. it may be bought in a phased manner and sell when market is up taking reasonable profit. good luck...