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The Latest Breaking News from GMR Airports

GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside

GMR Airports shares witnessed an uptick on Thursday after JM Financial retained its Buy rating and Rs 115 target price, citing an improved risk-reward profile despite subdued passenger traffic. The brokerage expects traffic pressure to persist through November, but sees growth improving from December as favourable base effects and resilient…

The Economic Times · Sep 17

Stocks in news: Yes Bank, Vedanta, Groww, BHEL, Bharat Forge and NBCC

Indian equity markets closed lower on Tuesday, extending their monthly decline. Nifty50 reached a key support level, indicating a potential technical bounce. Several companies, including Yes Bank and Vedanta, are expected to be in focus. Bharat Forge and BHEL announced significant collaborations and joint ventures. Other firms reported regulatory updates…

The Economic Times · Sep 16

Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan Zinc

Indian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance Industries and Coal India, are expected to be in focus. Railway stocks will be watched after the government approved five new projects costing over ₹10,000 crore. Hindustan Zinc signed a six-year contract for…

The Economic Times · Sep 10

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Beyond the runway: Emkay sees up to 25% upside in GMR Airports

Emkay Global has initiated coverage on GMR Airports with a Buy rating and a Rs 120 target price, implying 25% upside from the current levels. The brokerage expects non-aeronautical and adjacent businesses such as duty-free, cargo and airport-linked developments to drive incremental profitability, while stronger earnings and cash flows support…

The Economic Times · Sep 9

GMR Group to explore opportunities for airports, adjacent biz in West Asia, Eastern Europe

GMR Group chairman G M Rao sees significant international airport opportunities. The company will explore growth in West Asia and Central Asia. Eastern Europe and Southeast Asia also present expansion possibilities. GMR Airports aims to scale up its asset-light portfolio globally. This strategy supports sustainable growth and financial discipline for…

The Economic Times · Aug 28

Holy trinity! Promoters, FIIs and mutual funds raised stakes in these 9 stocks; 3 turned multibaggers

A collective surge in investment from promoters, foreign institutional investors (FIIs), and mutual funds has been observed in nine Indian stocks. Among these, Cupid topped the list with an impressive 732% return over the past year, followed by noteworthy performances from United Foodbrands and Yasho Industries. Stocks like Welspun Living…

The Economic Times · Aug 28

Adani rival GMR plans $2 billion expansion at two India airports

With plans to invest close to $2 billion, GMR Airports is set to embark on significant airport expansion initiatives. These developments promise to enhance passenger capacity within the next seven years. As India's aviation market is projected to grow six-fold, GMR's focus on domestic projects—not airline operations—reflects a strong optimism…

The Economic Times · Aug 24

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Market Trading Guide: GMR Airports among 2 stock recommendations for Friday

Analysts recommend GMR Airports and Bajaj Consumer Care for Friday, citing technical strength, supportive retracement levels and improving momentum. GMR Airports has a target of Rs 112, while Bajaj Consumer Care targets Rs 540, with stop-losses at Rs 98 and Rs 480.

The Economic Times · Aug 20

Samir Arora-backed Helios Mid Cap Fund hikes stake in Swiggy and 20 others, trims exposure in 2 stocks

In July, Helios Mid Cap Fund boosted its investments by increasing its stake in Swiggy among twenty other stocks. Notably, the fund expanded its holdings in V2 Retail and GMR Airports, while reducing exposure in Multi Commodity Exchange of India and Black Box stocks. Additionally, Siemens Energy India joined the…

The Economic Times · Aug 19

India weighs letting airport owners Adani, GMR run own airlines to curb duopoly

India is discussing a policy shift to permit airport operators to own airlines. This change could allow Adani Group and GMR Airports to establish their own carriers. Current rules restrict airport operators' airline ownership stakes significantly. The move aims to increase competition against dominant carriers like IndiGo and Air India.

The Economic Times · Jul 22

Samir Arora-backed Helios Flexi Cap Fund adds Groww and 5 others, increases stake in HDFC Bank and 14 more

Helios Flexi Cap Fund added Groww's parent company and five other stocks in June. The fund also increased its stake in HDFC Bank and 14 other companies. It reduced exposure in Bharti Airtel and two other selected stocks. Helios Flexi Cap Fund completely exited five companies during the month. The…

The Economic Times · Jul 17

GMR Airports unveils multi-phase expansion roadmap for Nagpur Airport

GMR Airports Limited announced a significant expansion plan for Nagpur Airport. This multi-phase roadmap aims to enhance passenger experience and operational capacity. The project includes an initial investment of approximately Rs 300 crore for immediate upgrades. Future plans envision increasing passenger handling capacity to thirty million annually. The airport will…

The Economic Times · Jul 8

Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR Airports

Indian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus include HCL Technologies, GMR Airports, Adani Enterprises, and Bharti Airtel, with significant corporate announcements and strategic moves shaping the market outlook.

The Economic Times · Jun 16

GQG Partners sells 1.8% stake in GMR Airports for Rs 1,906 crore; Fidelity buys holding

US investment firm GQG Partners has sold a 1.8 per cent stake in GMR Airports to Fidelity International. The deal, valued at Rs 1,906 crore, saw GQG Partners offload 19.50 crore shares. Fidelity International acquired the same number of shares. This transaction occurred as GMR Airports reported a profit of…

The Economic Times · Jun 3

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The Economic Times · May 24

Traffic at Delhi Airport unaffected by Iran war, GMR bets on long-term aviation growth

Indira Gandhi International Airport anticipates strong future growth in Indian aviation. Operator GMR Airports remains bullish on the economy despite a short-term traffic dip from the Iran conflict. Infrastructure expansion is planned. New projects include an automated people mover system. Cargo expansion is also underway. Competition from Noida International Airport…

The Economic Times · May 24

Delhi Airport’s Terminal 2 could be phased out by 2033

Delhi Airport's Terminal 2 will close by 2033. Operator DIAL plans to expand Terminal 3 by adding a new pier. This expansion will accommodate all domestic flights currently using Terminal 2. The new pier will handle 1.2 crore passengers annually. This move is part of a new master plan for…

The Economic Times · May 20

Ahead of Market: 10 things that will decide stock market action on Thursday

Benchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while IT and FMCG stocks capped advances. Analysts said Nifty remains range-bound with weak sentiment persisting below key resistance levels, despite easing volatility and selective buying interest across sectors.

The Economic Times · May 14

Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in April

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and…

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The Hindu · Feb 11, 2022

Airport gets award for passenger care

GMR Airports-run Rajiv Gandhi International Airport (RGIA) in Hyderabad has received the ACI World’s (Airports Council International) prestigious “Voice of Customer” recognition for the second time in

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