GMR Airports shares in focus after passenger traffic rises 11% YoY in January

GMR Airports shares will be in focus after the company reported an 11% year-on-year (YoY) rise in passenger traffic for January 2025 to 1.06 crore, though it slipped 2% month-on-month (MoM).

Aircraft movements increased 9% YoY to 63,767 but saw a marginal 1% decline from December. Domestic passenger traffic grew 11% YoY, while international traffic surged 12.4%, reflecting steady demand across key routes.

GMR Airports, which operates major hubs like Delhi, Hyderabad, and New Goa airports in India, as well as Cebu (Philippines) and Medan (Indonesia), posted a net profit of Rs 202.1 crore in Q3 FY25, rebounding from a Rs 486.4 crore loss a year ago.


Revenue rose 19.2% YoY to Rs 2,653.2 crore, while EBITDA surged 48.3% to Rs 991.7 crore, with margins improving to 37.4% from 30% in Q3 FY24.

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GMR Airports shares target price

As per Trendlyne data, the average target price of the stock is Rs 85, which indicates an upside of 21% from the current market prices. The consensus recommendation from three analysts for the stock is a 'Hold'.

GMR Airports technical indicators

Technically, the stock's relative strength index (RSI) is at 36.3. According to Trendlyne, an RSI below 30 is considered oversold, while above 70 indicates overbought conditions. Additionally, the MACD is at -1.0, which is below its Signal and Center Line, this is a strong bearish indicator.

The stock is trading below its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).

GMR Airports shares performance

On Monday, GMR Airports shares closed at Rs 270, down 0.3% on the BSE, while the benchmark Sensex surged 0.08%. The stock has declined 27% over the past six months but gained 77% in the last two years. The company’s market capitalization stands at Rs 74,145 crore.

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