GMRAIRPORT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | GMRAIRPORT | Market Cap | 97,408 Cr. | Current Price | 92.2 ₹ | High / Low | 110 ₹ |
| Book Value | 50.3 ₹ | Dividend Yield | 0.00 % | ROCE | 1.08 % | ROE | -0.55 % |
| Face Value | 1.00 ₹ | DMA 50 | 96.6 ₹ | DMA 200 | 93.9 ₹ | Chg in FII Hold | 1.88 % |
| Chg in DII Hold | -0.21 % | PAT Qtr | 58.1 Cr. | PAT Prev Qtr | -133 Cr. | RSI | 42.5 |
| MACD | -1.95 | Volume | 94,87,490 | Avg Vol 1Wk | 1,22,27,913 | Low price | 72.8 ₹ |
| High price | 110 ₹ | Debt to equity | 0.21 | 52w Index | 51.7 % | Qtr Profit Var | 217 % |
| EPS | -0.18 ₹ | Industry PE | 9.99 |
📉 Chart & Trend: GMRAIRPORT is trading at ₹92.2, below its 50 DMA (₹96.6) and slightly below the 200 DMA (₹93.9). This indicates short-term weakness with mild long-term support. The stock is in a consolidation-to-downtrend phase.
📊 Momentum Indicators:
- RSI at 42.5 shows weak momentum, leaning towards oversold territory.
- MACD at -1.95 confirms bearish crossover and selling pressure.
- Bollinger Bands: Price is near the lower band, suggesting downside bias but no reversal yet.
- Volume is below average (94,87,490 vs 1,22,27,913), showing reduced participation.
📈 Support & Resistance:
- Immediate support: ₹90–92 zone.
- Strong support: ₹72.8 (recent low).
- Resistance zones: ₹96.6 (50 DMA) and ₹110 (recent high).
- Optimal entry: ₹90–92 near support.
- Exit zone: ₹100–105 if rebound occurs.
🔎 Trend Status: The stock is consolidating with bearish bias, awaiting breakout above 50 DMA for reversal confirmation.
Positive
- Book value of ₹50.3 provides valuation support.
- FII holding increased by +1.88%, reflecting foreign investor confidence.
- PAT improved to ₹58.1 Cr from -₹133 Cr, showing turnaround momentum.
- 52-week index performance (+51.7%) highlights resilience despite volatility.
Limitation
- Price below both 50 DMA and 200 DMA signals technical weakness.
- ROCE (1.08%) and ROE (-0.55%) are very weak, showing poor capital efficiency.
- EPS of -₹0.18 indicates negative earnings base.
- Dividend yield is 0.00%, offering no income support.
Company Negative News
- DII holding decreased by -0.21%, showing reduced domestic institutional confidence.
- PAT volatility remains high despite recent improvement.
Company Positive News
- FII holding increased by +1.88%, reflecting strong foreign investor confidence.
- Quarterly profit variation (+217%) highlights operational turnaround.
Industry
- Airport infrastructure sector benefits from rising passenger traffic and government focus on aviation expansion.
- Industry PE at 9.99 is far lower than GMRAIRPORT’s valuation, highlighting premium pricing concerns.
Conclusion
📌 GMRAIRPORT is technically weak, consolidating below key moving averages with bearish momentum. Entry is favorable around ₹90–92 with stop-loss below ₹88. Short-term rebound may target ₹100–105, but sustained breakout requires volume confirmation. Fundamentally challenged with weak ROCE/ROE and negative EPS, making it risky despite foreign investor support and sector growth potential.
Would you like me to extend this into a peer benchmarking overlay against airport and infrastructure peers like Adani Ports, AAI-linked operators, and IRB Infrastructure to highlight relative strength and sector rotation opportunities?