GMR Airports Faces Sustained Decline Amid Broader Market Weakness

Jan 13 2025 12:30 PM IST
share
Share Via
GMR Airports has faced a significant decline, trading near its 52-week low and experiencing a cumulative drop over recent days. The stock's performance has lagged behind both its sector and the broader market, with notable decreases over the past month and consistently trading below key moving averages.
GMR Airports, a significant player in the capital goods sector, has experienced a notable decline of 3.24% on January 13, 2025, and is currently trading near its 52-week low, just 2.17% above Rs 70.63. Over the past three days, the stock has seen a cumulative drop of 5.95%.

On this trading day, GMR Airports reached an intraday low of Rs 72.18, marking a decrease of 3.09%. The stock's performance has lagged behind its sector, which has declined by 2.06%, and it has also underperformed relative to the broader market, with a 1-day performance of -3.24% compared to the Sensex's decline of 0.79%.

In the past month, GMR Airports has dropped 14.20%, while the Sensex has decreased by 6.53%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend in its performance metrics.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News