GMR Airports Infrastructure Ltd

(GMRINFRA)

GMR Airports Stock Surges Over 58% in a Year - 18 Sep, 2024

GMR Airports Infrastructure Ltd's share price has increased by over 58% in the past year, currently trading at Rs 95.50, up from Rs 59.8 a year ago.

GMR Airports Reports 9% Increase in Passenger Traffic - 16 Sep, 2024

In August 2024, GMR Airports Infrastructure Ltd reported a 9% year-on-year increase in passenger traffic, totaling over 10.6 million passengers, with consistent growth since December 2023.

GMR Airports Sees 9% Rise in Passenger Traffic - 15 Sep, 2024

GMR Airports Infrastructure reported a 9% year-on-year increase in passenger traffic to 1.06 crore in August, alongside an 8% rise in aircraft movements.

GMR Airports Sees 9% Rise in Passenger Traffic - 14 Sep, 2024

GMR Airports Infrastructure reported a 9% year-on-year increase in passenger traffic for August 2024, with notable growth in both domestic and international travel. Delhi and Hyderabad airports showed significant traffic increases.

GMR Airports Sees Strong Passenger Traffic Growth - 13 Sep, 2024

GMR Airports Ltd reported a 9% year-on-year increase in passenger traffic for August 2024, exceeding 10 million passengers monthly. GQG Partners increased its stake to 5.17% by purchasing shares worth over Rs 433 crore.

GMR Airports Plans Major Stake Acquisition in DIAL - 10 Sep, 2024

GMR Airports Infrastructure announced plans to acquire a 10% stake in Delhi International Airport for $126 million, raising its ownership to 74%. The deal has attracted mixed analyst reactions, with Jefferies issuing a Buy call while Kotak remains cautious.

GMR Airports to Increase Stake in Delhi Airport - 09 Sep, 2024

GMR Airports Infrastructure Ltd announced plans to acquire a 10% stake in Delhi International Airport from Fraport AG for $126 million, increasing its ownership to 74%. The deal is subject to regulatory approvals and expected to conclude within 180 days.

GMR Infra Shows Bullish Momentum at Support Level - 06 Sep, 2024

GMR Infra has reached its trendline support at Rs 93.75, showing strong bullish candlestick patterns and renewed buying interest. With a target of Rs 103.00 and a stop loss at Rs 92.40, the stock appears poised for upward movement.

GMR Airport Shares Surge After Major Trade - 05 Sep, 2024

GMR Airport shares increased by over 2% following a significant trade worth Rs 566 crore, with around 6 crore equity shares exchanged. The shares were trading at Rs 95.75, reflecting a 2.49% rise.

GQG Partners Boosts Stake in GMR Airports Infrastructure - 28 Aug, 2024

GQG Partners has raised its stake in GMR Airports Infrastructure to 5.17% by acquiring additional shares worth over Rs 433 crore. This marks a recovery from a previous dip below 5% due to corporate actions.

GMR Airports Expands International Bidding Efforts - 24 Aug, 2024

GMR Airports Infrastructure is bidding for projects in Saudi Arabia and Kuwait, aiming to expand its international presence. The company reported a 20% increase in passenger traffic and a 27% rise in gross income for FY24.

GMR Airports Focuses on Profitability and Expansion - 23 Aug, 2024

In an exclusive interview, GMR's Saurabh Chawla outlined the company's strategy to enhance profitability at existing airports, including significant expansions at Delhi and Hyderabad. The newly operational Manohar International Airport in Goa has turned EBITDA positive, and GMR is investing in the Bhogapuram greenfield airport project. The company is not under pressure to pursue new airport bids, focusing instead on optimizing current operations.

GMR Airports Secures Duty-Free Operations at IGI Airport - 22 Aug, 2024

GMR Airports Infrastructure has received a letter of award from Delhi International Airport to develop and manage duty-free outlets at IGI Airport, starting operations on July 28, 2025. The company entered into a license agreement following a successful bid in April 2024.