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GMR Airport by vishal shinde is a document available to read on EtoBox.

What is GMR Airport about?

GMR Airports Infrastructure has simplified its corporate structure following a merger with its subsidiary, leading to an increase in share capital and a market cap nearing INR 1 trillion. Despite a 7% year-on-year growth in traffic, the company reported a loss of INR 1.4 billion in Q1FY25 due to rising costs. ICICI Securities maintains a REDUCE rating with a target price of INR 85, citing expensive valuations and the expectation of profitability by FY26E with a new tariff order anticipated by FY25-end.

Author
vishal shinde
Language
EN