Technical Check: GMR Infrastructure could see 10% rally by September expiry; MACD turns positive
The stock with a market capitalization of over Rs 21000 cr hit a fresh 52-week high of Rs 36 on the BSE on Wednesday is back on traders’ radar. The recent price action suggests that shares of GMR Infrastructure could rally towards 38-40 levels which translates into an upside of about 13 percent by September expiry
GMR Infrastructure Limited, a leading global infrastructure conglomerate with interests in Airport, Energy, Transportation, and Urban Infrastructure