GMR AIRPORTS INFRA Q3 UPDATE
Nirmal Bang initiates coverage on HUDCO, sees upside potential of 12%
Nirmal Bang starts coverage on HUDCO with a target price of Rs 375. Company projected to achieve 24.1% earnings growth CAGR by FY26E.
Delhi Airport T1 Canopy Collapse: Terminal 1 operations suspended, passengers advised to check flight updates
Following a tragic canopy collapse at Delhi's Indira Gandhi International Airport, operations at Terminal 1 have been suspended indefinitely. The incident, which occurred during heavy rainfall, claimed one life and injured eight others. Delhi International Airport Limited (DIAL) has relocated all flights to Terminals 2 and 3, affecting over 20 IndiGo flights. A technical committee is investigating the cause, while the government has initiated airport-wide structural assessments. Passengers are advised to check flight statuses as authorities work to restore normal operations swiftly.
Crumbling roofs are very far from Viksit
Delhi airport's infrastructure challenges highlight the urgent need for efficient planning and resource allocation in India by 2024.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 92.55 points up at 23961.35
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 20.55 points down at 23700.75
Stock market update: Nifty Auto index falls 1.3%
The Nifty Auto index closed 1.3 per cent down at 25381.7.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 7.06 points down at 23550.85
Stock market update: Nifty Auto index advances 1.3%
The Nifty Auto index closed 1.3 per cent up at 25722.1.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 74.35 points up at 23333.55
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 56.6 points up at 23315.8
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 35.2 points up at 22523.85
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 132.3 points down at 22572.4
Jefferies initiates coverage on GMR Airports, with a target price of Rs 100
Jefferies initiates coverage on GMR Airports with a 'buy' rating and a target price of Rs 100, anticipating a 3 times growth in EBITDA over 5 years. The company's strategic position, growth potential, and real estate monetisation drive optimism.
3 stocks Rajesh Palviya is bullish on for next week
But overall stock-specific action is clearly there in the market. The sectors which have already shown the breakout in the recent past are continuously showing the buying interest.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 150.4 points down at 22419.95
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 20.35 points down at 22550.0
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 31.65 points up at 21982.8
GMR group among favorites to win $3 billion Manilla airport project
Saurabh Chawla, Executive Director (Finance & Corporate Strategy) of GMR Group, stated that the group plans to continue operations both domestically and internationally. They are awaiting the bid results for the Ninoy Aquino International Airport redevelopment project, which will be announced on February 14.
Infrastructure stocks mixed as Budget lives up to Dalal Street expectations
Analysts had expected government capex to further increase by 10-15% for FY25. In FY24, the government had pegged a capex target of Rs 10 lakh crore. Of the total outlay for FY25, the government has allocated Rs 2.78 lakh crore for the road transport and highways ministry, and Rs 2.55 lakh crore for railways.
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