✈️ GMR Airports – Taking Off with Volume Thrust!
CMP: ₹103.7 | Change: +6.18% | Sector: Aviation Infra
Technical View:
GMRAIRPORT
s rallied over 6% on strong volume (103M shares), breaking out of its previous swing high near ₹99. The price action shows a clean breakout with bullish follow-through. RSI and volume confirm the move, suggesting momentum could push the stock toward ₹108–₹112. Immediate support lies near ₹98.
Fundamental View:
The stock gained traction following expectations of higher passenger traffic and improving non-aero revenues. GMR reported robust Q2FY26 results with consolidated revenue up 22% YoY and reduced losses due to improving Delhi & Hyderabad airport performance. Long-term tailwinds include capacity expansion, increased international routes, and stable cargo business. The company’s partnership with France’s Groupe ADP ensures operational expertise and capital backing.
Analyst Rating:
Consensus outlook: ADD/BUY, driven by structural recovery in air travel and stable cash flows. Target: ₹112 (≈8% upside) | Stop-loss: ₹98.