UPDATE 22/02/17: This recco published 2 months ago, has already given good returns for the investor. It remains a BUY even now!
The current chart:
The huge surge in aviation traffic has one segment that is near-monopoly, and that are the airports in cities. GMR in Bengaluru has been doubling it’s capacity and plans are to do so again according to the press. This is a BUY.
Two months ago:
GMR infra is into many exciting areas, especially airports. The Bangalore Airport has doubled capacity and there is talk of another expansion! Heavy capital investments have kept profitability suppressed and the stock has corrected from it’s highs of 90+. At 12.75, this is a candidate for a MULTI BAGGER for the LT Investor. Buy.