GMR Infra Extends Gains On Monday

GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, announced that it has been selected to develop, operate and manage the New International Airport of Heraklion at Crete in partnership with Greek infrastructure major TERNA S.A.

GMR Airports Limited will be the designated Airport Operator in the consortium for this project.

GMR Infra stock has extended its two-day rally in the morning hours on Monday. The stock is trading higher by around 5% at Rs 17.8 per share as of 1039 hours. It has gained nearly 6% in past five trading sessions.

The major indices in the market have been trading weak in today’s trade. Nifty is trading down by around 40 points, while Sensex is trading down by 130 points in the morning hours. Broader market indices are also trading lower in line with the major indices in the market.

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About Suhani Varma