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GMR Airports Infrastructure shares in focus as NIIF invests Rs 675 crore in Andhra Pradesh airport

GMR Airports Infrastructure said the investment is part of the financial partnership announced on December 2022 between the two parties, in relation to investment by NIIF in the equity capital of three airport projects of GMR Airports.

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gmr airports block deal: GMR Airports stock zooms 14% amid block deal

In Q2 FY24, GMR Airports Infrastructure reported its consolidated net loss reduced to Rs 190 crore. The company had reported a net loss of Rs 197 crore in the quarter ended September 30, 2022. ....

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GMR Airports rises 2% after net loss narrows to Rs 190 crore in Q2

While the Delhi’s passenger traffic rose 18 percent on-year, Hyderabad saw a jump of 24 percent on-year in the September-ended quarter ....

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GMR Airports shares up 20% in 5 days; Kotak downgrades stock to 'sell', target Rs 54

GMR Airports: Kotak Institutional Equities said the stock is factoring in aggressive assumptions on reinvestment of $1 billion of equity funding beyond internal accruals and a higher 3 times price-to-book value (P/BV) multiple.

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50% return in 1 year. Can GMR Airports shares rally further?

GMR Airports Infrastructure is set to benefit from growth in traffic, higher international pax and asset monetisation at the airport.

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