GMR Infrastructure shares have risen by 2.02%, currently trading at ₹89.46 as of 9:50 AM on the NSE. The stock’s upward movement follows a bullish report from Jefferies, which has set a target price of ₹105, reflecting the firm’s positive view on GMR Infra’s growth prospects and robust infrastructure pipeline.
GMR Infra Stock Performance:
- Open: ₹89.00
- High: ₹89.60
- Low: ₹88.80
- Previous Close: ₹87.69
Brokerage Report Highlights:
Jefferies has cited GMR Infra’s strong project execution capabilities and anticipated growth in its airport operations as key drivers for the target price upgrade. The firm expects GMR to benefit from long-term infrastructure demand and its expanding airport portfolio.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial or investment advice. Stock market investments are subject to market risks. Readers are advised to seek independent financial advice before making any investment decisions.
