GMR Airports rises on reporting 14% growth in passenger traffic during November 2024
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GMR Airports is currently trading at Rs. 84.61, up by 0.70 points or 0.83% from its previous closing of Rs. 83.91 on the BSE.
The scrip opened at Rs. 85.31 and has touched a high and low of Rs. 85.79 and Rs. 84.40 respectively. So far 285484 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 103.70 on 31-Jul-2024 and a 52 week low of Rs. 69.64 on 21-Dec-2023.
Last one week high and low of the scrip stood at Rs. 85.88 and Rs. 81.89 respectively. The current market cap of the company is Rs. 89423.97 crore.
The promoters holding in the company stood at 66.07%, while Institutions and Non-Institutions held 19.27% and 14.67% respectively .
GMR Airports has reported 14% year-on-year (Y-o-Y) growth in passenger traffic to 11,249,142 in November 2024. Delhi Airport witnessed passenger traffic of 6,788,914, 12% Y-o-Y increase, followed by Hyderabad at 2,531,595 passengers, up 25% and Goa's MOPA at 4,25,639 passengers in November.
For the same period, aircraft movements grew 8% Y-o-Y to 69,540. Of the total, Delhi Airport witnessed 37,470 aircraft movements in November, while Hyderabad saw 16,667 aircraft movements.
GMR Airports (formerly GMR Airports Infrastructure), a subsidiary of GEPL, is engaged in development, operation and maintenance of airports along with offering integrated security solutions.
