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VERIFIEDET Stocks·positive
Beyond the runway: Emkay sees up to 25% upside in GMR Airports
AI Summary
- ·Emkay Global initiated coverage on GMR Airports with a Buy rating and a target price of Rs 120.
- ·The brokerage anticipates a 25% upside potential from current stock levels.
- ·Emkay expects non-aeronautical businesses, stronger earnings, and cash flows to drive profitability and margin expansion.