India's GMR Airports Infra closes higher on block deals at premium
05/09/2024 11:14
** Shares of India's GMR Airports Infrastructure GMRI.NS
ended 2.7% higher at 96 rupees
** More than 75 mln shares, aggregating to 0.7% stake,
changed hands in 13 block deals, at a 0.6%-3% premium over
Wednesday's close of 93.42 rupees - LSEG data
** Airport operator rated "hold" on an avg; median TP set by
three analysts covering the stock is 85 rupees - LSEG data
** YTD stock has gained 19%
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))