GMR Power and Urban Infra Ltd, a subsidiary of GMR Group, has recently exhibited remarkable performance, with its shares yielding over 70% returns in the past six months and an impressive 280% increase over the last year. In the latest trading session, the stock opened at ₹114.91 and surged to ₹120.65, reflecting a 5% gain and hitting the upper circuit limit, indicating strong market demand.
Financial Highlights for Q2 FY25:
- Revenue: ₹1,384 crore, representing a 121% year-on-year increase from ₹627 crore.
- Operating Profit: ₹411 crore.
- Net Profit: ₹250 crore, compared to a net loss of ₹123 crore in the same quarter last year.
Annual Performance Overview for FY24:
- Revenue: ₹4,489 crore, down from ₹5,525 crore in FY23.
- Operating Profit: ₹906 crore.
- Net Loss: ₹127 crore.
Shareholding Structure:
- Promoters: 50.55%
- Public Investors: 43.70%
- Foreign Institutional Investors (FIIs): 3.41%
- Domestic Institutional Investors (DIIs): 2.35%
With a market capitalization of ₹8,624.50 crore, GMR Power and Urban Infra Ltd is a small-cap stock that warrants attention, especially given its substantial growth and positive financial results. However, investors should conduct thorough research or consult a financial advisor before making investment decisions.
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Disclaimer: This article is for informational purposes only and should not be considered investment advice. The performance of GMR Power and Urban Infra Ltd shares, while impressive, carries inherent risks. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
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