Gayatri Highways Stock Research

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Gayatri Highways Detail

Gayatri Highways is in portfolio of Satpal Khattar. He is one of the top investors in India. The company belongs to Road Construction sector. 

As per the Company website it operates as construction and investment company with 7 operational BOT Road Projects (SPVs) under it. The Company makes investments in companies engaged in the construction, operation, and maintenance of roads, highways, bridges, and tunnels. Company operations are spread throughout India. It has 7 Operational BOT Road Assets under it, 4 BOT Annuity and 3 BOT Toll Assets.

The Clients of this Company are

  • National Highway Authority of India
  • Hyderabad Growth Corridor Limited
  • Telangana R&B department

The project are listed below

  • Gayatri Jhansi roadways limited
  • Gayatri Lalitpur roadways limited
  • Hyderabad expressways limited
  • Cyberabad expressways limited
  • HKR roadways limited
  • Indore Dewas tollways limited
  • Sai Maatarani tollways limited

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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Gayatri Highways Stock Performance

The stock is newly listed on stock exchanges. It debuted in year 2018 at price point close to 10 INR. It selected bad time to get listed as markets were seeing correction at that time.

It corrected from 10 INR level and went below 1 INR mark as of now. So IPO investors have lost great deal of money in this counter. It has destroyed 90% of investor money. As of now I would not suggest bottom fishing in this counter. The reason is simple stock can move to 5 paisa mark also or can stay at these levels. So better to avoid the counter as of now.

Gayatri Highways My Opinion

Gayatri Highways is a Road Construction sector Company. This is newly listed Company and there is not much information available about it. I did not explore it in great deal. I would personally recommend not to invest in this Company as of now. There are better stocks available in this sector and you can explore those before investing in this one.

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