GMR Power and Urban Infra Ltd. – Technical and Fundamental

!GMRP&UI On the technical front, GMR Power and Urban Infra is trading around ₹98.10 on the daily chart and is consolidating near a major horizontal support zone of ₹88–90, which has been tested multiple times and appears to be an important demand area. The stock has shown buying interest whenever prices have approached this zone, indicating that buyers may be defending the support. As long as the ₹88–90 zone holds, a recovery towards ₹103–105 and subsequently ₹110–115 may be possible, subject to bullish price action and volume confirmation. However, a decisive breakdown below ₹88–90 could weaken the chart structure and expose the stock to further downside. On the upside, the ₹103–105 region may act as immediate resistance, followed by stronger resistance near ₹110–120, where selling pressure has emerged previously. Fundamentally, GMR Power and Urban Infra operates across power generation, EPC and infrastructure-related businesses, giving it exposure to India's growing electricity demand and infrastructure development. Its June 2026 quarterly disclosures show that the standalone business reported revenue from operations of ₹62.75 crore and a net loss of ₹96.04 crore, while its power subsidiaries, GMR Warora Energy and GMR Kamalanga Energy, reported quarterly profits of ₹76.19 crore and ₹97.02 crore, respectively. The company also received approval to seek shareholder consent for raising up to ₹3,000 crore, which could support its funding requirements but may involve dilution depending on the instruments issued. Key risks include high finance costs, ongoing legal disputes and uncertainty around the valuation of investments. FinancialFilings +1 Overall, the ₹88–90 support zone is the key technical level to monitor, while sustained movement above ₹103–105 would provide an initial sign of improving momentum. Technical analysis is for educational purposes only and is not investment advice.