GMR Airports has 1.64M shares traded in block

GMR Airports has 1.64M shares traded in block

GMR Airports Infrastructure Ltd (GMR) has witnessed significant trading activity with 1.64 million shares traded in a block on July 2, 2025. This substantial transaction volume highlights the interest and liquidity in the stock, making it a key player in the airport infrastructure sector.

The stock's performance has been robust, with a 9.94% return over the past month and a 7.29% return over the last three months. The stock has also shown resilience, with a 160.65% return over the past three years and a 358.25% return over the last five years. These figures indicate strong historical performance and investor confidence in the company's growth prospects.

GMR's latest earnings report showed a net profit of ₹-237.59 Cr for the quarter ending March 2025, a significant decrease from the same period last year. However, the company has reported a 50.77% growth in quarterly earnings year-over-year, suggesting a turnaround in its financial health.

The company's shareholding pattern shows that promoters hold 66.24% of the shares, with foreign institutions holding 15.09% and mutual funds holding 2.40%. Retail investors hold 14.54% of the shares, indicating a balanced ownership structure.

Analysts are optimistic about GMR's prospects, with 75% of analysts rating the stock as a 'BUY.' The average target price is ₹90, with a slight downside of -2.05% compared to the current price of ₹93.89.

The company's recent news and events have been positive, with analyst upgrades and regulatory approvals boosting investor sentiment. GMR's acquisition of a 9% stake in GMR Airports from its promoter, GMR Enterprises, has been approved by the Competition Commission of India, strengthening the company's financial position.

Despite the recent volatility in the stock market, GMR's strong fundamentals and positive analyst ratings make it an attractive investment opportunity. The company's focus on airport development, operations, and management, along with its energy sector involvement, positions it well for future growth.

References:
[1] https://www.indmoney.com/stocks/gmr-airports-ltd-share-price