GMR Airports Ltd News

GMR Airports gains 4% as passenger traffic increases 9% YoY to 10.7 million

In its October update, GMR Airports said that it handled more than 10.7 million passengers across all airports which implies 9.2 per cent rise Y-o-Y

GMR Group secures Rs 6.3k cr investment from Abu Dhabi Investment Authority

Hopes for significant reduction in its pledged shares upon completion of debt deal

GMR Airports ups 3% on move to acquire Fraport's 10% stake in IGI Airport

GMR Airports is in the process of raising its stake in Delhi International Airport by acquiring the 10 per cent stake owned by Germany's Fraport

GMR Airports buys Fraport's shares, raises stake in Delhi airport to 74%

The deal comes just over a month after heavy rainfall caused the airport's roof to collapse killing one person and shutting down a busy domestic terminal

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup

Private equity player GQG Partners hikes stake in GMR Airports to 5.17%

Private equity player GQG Partners has hiked its stake in GMR Airports Infrastructure to 5.17 per cent by snapping up additional shares worth over Rs 433 crore through open market transactions. GQG Partners, also a key investor in Adani Group, purchased 0.43 per cent stake in GMR Airports Infrastructure on August 23, according to a regulatory filing on Wednesday. Prior to the transactions, GQG Partners held a 4.74 per cent shareholding in the company. Through its affiliates, Fort Lauderdale-based asset management firm GQG Partners acquired an additional 0.43 per cent or over 4.52 crore shares. At the closing price of Rs 95.85 apiece on August 23, the shares are worth more than Rs 433 crore. Earlier, GQG Partners held 7.66 per cent stake in the company but due to corporate actions, the shareholding reduced below 5 per cent, as per the filing. "On August 23, 2024, the acquirer and PACs (Persons Acting in Concert) acquired further shares of the company, resulting in their shareholdin

GMR Airports stock price rises after July passenger traffic jumps 8% YoY

The increase in stock price follows GMR Airports' release of its passenger traffic data for July 2024.

GMR Airports Infra shares slip on weak Q1; Net loss widens to Rs 141 cr

GMR Airports Infrastructure shares have multiplied investors' wealth in the last two years, with a sprint of 168.70 per cent during the period, as per BSE analytics

RVNL, Angel One, Dixon, ITC, SBI: Strategies for Budget 2024 stocks

Stocks in focus ahead of Union Budget 2024: These 11 stocks across sectors are likely to be in focus in anticipation of measures to be announced by the finance minister Nirmala Sitharaman on Tuesday,

This Chris Wood-owned airport scrip hit a new high today. Guess the stock!

Christopher Wood, global head of equity strategy at Jefferies added GMR Airports in his kitty earlier this month by trimming stakes in two private sector lenders

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days

In the derivatives segment, stocks such as India Cement, GMR Infra, Chambal Fertilizers seem to have witnessed long unwinding in recent trading sessions owing to the sharp rally in share prices.