Time period given by analyst is Intra Day when GMR Infrastructure Ltd. price can reach defined target.
GMR Infrastructure Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 19496.10 Crore) operating in Infrastructure sector.
GMR Infrastructure Ltd. key Products/Revenue Segments include Contract Revenue, Interest, Income From Sale Of Share & Securities and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1897.35 Crore, down -24.69 % from last quarter Total Income of Rs 2519.25 Crore and up 54.96 % from last year same quarter Total Income of Rs 1224.44 Crore. Company reported net profit after tax of Rs -395.17 Crore in latest quarter.
Investment Rationale
Stock futures has seen heavy buildup of long positions
Promoter/FII Holdings
Promoters held 65.3 per cent stake in the company as of June 30, 2020, while FIIs held 20.6 per cent, DIIs 3.7 per cent and public and others 10.4 per cent.
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