Shares of GMR Airports Infrastructure zoomed 14 per cent on Friday to hit the highest level in over 12 years. The stock touched Rs 70.22 on the BSE after over 10 per cent equity of the company changed hands on the exchange.
The stock surpassed its previous high of Rs 66.75 touched on August 25. It was trading at its highest level since January 2010, when it hit Rs 70.60 mark.
According to CNBC TV18, the key investor in Adani Group companies, GQG Partners is a likely buyer in today’s block deal that has taken place in the shares of GMR Airports.
