GMR Airports Shows Trend Reversal Amid Broader Market Resilience and Mid-Cap Gains

GMR Airports has shown notable activity today, gaining 3.7% on March 11, 2025, and outperforming the sector by 2.94%. This marks a trend reversal for the stock, which had experienced three consecutive days of decline prior to today’s uptick. The stock reached an intraday high of Rs 73.99, reflecting a 3.04% increase during the trading session.
In terms of moving averages, GMR Airports is currently positioned higher than its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Over the past week, the stock has gained 4.61%, while its performance over the past month shows a modest increase of 3.60%. However, the stock has faced challenges over longer periods, with a 12.93% decline over the last three months and a 9.95% drop over the past year.

In the broader market context, the Sensex has shown resilience, recovering sharply after a negative opening, currently trading at 74,156.86. Despite the overall bearish trend indicated by moving averages, mid-cap stocks are leading the market today, with the BSE Mid Cap index gaining 0.43%.