GMR Infrastructure’s stock has fallen by 2.47%, trading at ₹80.48 as of 9:18 AM, following its disappointing Q2 results. The stock opened at ₹79.50, reaching a high of ₹80.98 and a low of ₹79.40, before declining from the previous close of ₹82.52.
The company’s Q2 results revealed widening losses, which have dampened investor sentiment, leading to the stock’s decline. GMR Infra’s performance was impacted by higher expenses and a decline in margins, contributing to the negative reaction in the market.
The poor quarterly performance has raised concerns among investors, with the stock losing momentum in early trading hours as the company struggles to improve its financial position.
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