Shares of GMR Airports Infrastructure hit an over 13-year high of Rs 65.39 as they rallied 10 per cent on the BSE in Thursday’s intraday trade amid heavy volumes on improved financial performance. GMR Airports handle 26 per cent of domestic and 33 per cent of international passengers of India’s airport traffic.
The stock was trading higher for a fourth straight day, surging 23 per cent during the period. It was quoting at its highest level since May 2010. The average trading volumes on the counter more than doubled today with a combined 64.7 million shares having changed hands on the NSE and BSE till 10:23 AM.
