This stock is technically strong so you buy this stock in current price level 60 and target is 66 only exit when this stock close below 57 price level,
GMR Infrastructure is a large business conglomerate with presence across various verticals in the infrastructure space, such as airports, power, road-highways and urban development. The company has an excellent track record of execution across different segments, and is in a sweet spot with the pick-up in airport passenger traffic and improving visibility for monetization of real estate at premium valuations. It has a strong pipeline of new power projects which will be operational over the period and would unlock value for the parent company.
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