Gayatri Projects Limited debuted at Rs 333, compared to the IPO price of Rs 295 per share.
Currently at 3:00 the stock is trading at 306 just 11 rupees above the offer price of 295. Their is a lot of selling pressure on the stock.
GPL recorded a total income of Rs 376.4 crore during FY06, up from Rs 303.6 crore for the year before. The net profit of the company was Rs 18 crore during FY06, which was Rs 9 crores during FY05