Name: Latest research reports of GMR Airports Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: GMR Airports Ltd.
Rating: 4
Author: ICICI Securities Limited

GMR Airports Ltd.

NSE: GMRAIRPORT | BSE: 532754 | ISIN: INE776C01039 | Industry: Construction & Engineering
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86.7500 0.22 (0.25%)

NSE Apr 21, 2025 15:31 PM

28.04% Gain from 52W Low

Volume: 9.5M

GMR Airports Ltd.

16 Aug 2023

86.75

0.25%

India flying high again

Accumulate: GMR Airports Ltd.

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ICICI Securities Limited

Traffic at the GMR-managed Delhi and Hyderabad airports grew 18% and 24% YoY in Q1FY24. International traffic too grew sharply at the two airports – by 20%. Notably, traffic was up 14% and 12% compared to pre-covid levels.

Promoters unpledged 11.71% of shares in last quarter. Total pledge stands at 17.75% of promoter holdings