hey its an old news....where gammon was banned by DMRC after some pillars crashed....but now the impact on this stock is far from over. Gammon is a very good company with a handful of projects in hand......so no worries at the moment..I recommend a buy on this stock with a target of 325-330 in 6-7 weeks.
It is not Gammon but one of the subcontractors..
Gammon is already prequalified for Nuclear power plant construction... It is very strong in its area and now with the merger of Power Transmission company the promoters have increased their stake at very competetive rates.. you can expect the company stock to be atleast 1000 in a year or two.
Company is very well placed to take advantage of the construction boom!!
Gammon India is very good company .One must not underestimate the strength of the company.As per me stock may soon Rs.300/- they havelong list of pending orders .Buy ,if you do not have this stock in your oportfolio.