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Brokerage Radar – IDBI Capital on GMR Infrastructure

IDBI Capital on GMR Infrastructure

✅ Initiated ‘Buy’ with price target of Rs 32; implying a potential upside of 78 percent from the last regular trade.

✅ GMR Infra stands as a testament to world-class conglomerate.

✅ With stake sale in energy, days are brighter ahead.

✅ Divestment of roads is a matter of time. 

✅ Monetisation of land bank is a sweetener.

✅ TDSAT ruling to re-rate airport assets.

✅ Re-rating is around the corner.

✅ GMR Infra top pick in industrial stocks.